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Markets Quotes: "Men who can both be right and sit tight are uncommon."

Men who can both be right and sit tight are uncommon.



Markets Quotes: "[A] great embarrassing fact… haunts all attempts to represent the market as the highest form of human freedom: that historically, impersonal, commercial markets originate in theft."

[A] great embarrassing fact… haunts all attempts to represent the market as the highest form of human freedom: that historically, impersonal, commercial markets originate in theft.




Markets Quotes: "But we used to go to flea markets and things, and look for old 78 records that had silly song titles."

But we used to go to flea markets and things, and look for old 78 records that had silly song titles.



Markets Quotes: "Reversion to the mean is the iron rule of the financial markets."

Reversion to the mean is the iron rule of the financial markets.




Markets Quotes: "God understands more about the financial markets than many who write about them."

God understands more about the financial markets than many who write about them.



Markets Quotes: "When I go to a country, I go to flea markets, antique stores. I am always looking for something."

When I go to a country, I go to flea markets, antique stores. I am always looking for something.



Markets Quotes: "The free market punishes irresponsibility. Government rewards it."

The free market punishes irresponsibility. Government rewards it.




Markets Quotes: "I actually picked up copies of Decline I and II at a flea market once. I walked out without paying."

I actually picked up copies of Decline I and II at a flea market once. I walked out without paying.



Markets Quotes: "As an anonymous participant in financial markets, I never had to weigh the social consequences of my actions ... I felt justified in ignoring them on the grounds that I was playing by the rules."

As an anonymous participant in financial markets, I never had to weigh the social consequences of my actions ... I felt justified in ignoring them on the grounds that I was playing by the rules.



Markets Quotes: "Timidity prompted by past failures causes investors to miss the most important bull markets."

Timidity prompted by past failures causes investors to miss the most important bull markets.



Markets Quotes: "I'm pretty much a thrift shop gal. Flea markets on Sundays."

I'm pretty much a thrift shop gal. Flea markets on Sundays.



Markets Quotes: "Bull markets and Bear markets can obscure mathematical laws, they cannot repeal them."

Bull markets and Bear markets can obscure mathematical laws, they cannot repeal them.




Markets Quotes: "The Federal Reserve has a responsibility to ensure the safety and soundness of financial institutions and to contain systemic risks in financial markets."

The Federal Reserve has a responsibility to ensure the safety and soundness of financial institutions and to contain systemic risks in financial markets.



Markets Quotes: "The reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium."

The reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium.



Markets Quotes: "Free-market capitalism is a network of free and voluntary exchanges in which producers work, produce, and exchange their products for the products of others through prices voluntarily arrived at."

Free-market capitalism is a network of free and voluntary exchanges in which producers work, produce, and exchange their products for the products of others through prices voluntarily arrived at.



Markets Quotes: "Bull markets go to people's heads. If you're a duck on a pond, and it's rising due to a downpour, you start going up in the world. But you think it's you, not the pond."

Bull markets go to people's heads. If you're a duck on a pond, and it's rising due to a downpour, you start going up in the world. But you think it's you, not the pond.



Markets Quotes: "In the financial markets, hindsight is forever 20/20, but foresight is legally blind. And thus, for most investors, market timing is a practical and emotional impossibility."

In the financial markets, hindsight is forever 20/20, but foresight is legally blind. And thus, for most investors, market timing is a practical and emotional impossibility.



Markets Quotes: "I used to collect frames. I've been collecting accessories since I was 11-years-old, creeping around flea markets and sales and everything. Whenever I saw unusual eyeglass frames, I bought them."

I used to collect frames. I've been collecting accessories since I was 11-years-old, creeping around flea markets and sales and everything. Whenever I saw unusual eyeglass frames, I bought them.



Markets Quotes: "Taking this view, it is possible to see financial markets as a laboratory for testing hypotheses, albeit not strictly scientific ones. The truth is, successful investing is a kind of alchemy."

Taking this view, it is possible to see financial markets as a laboratory for testing hypotheses, albeit not strictly scientific ones. The truth is, successful investing is a kind of alchemy.



Markets Quotes: "The impact on the broader economy and financial markets of the problems in the subprime markets seems likely to be contained."

The impact on the broader economy and financial markets of the problems in the subprime markets seems likely to be contained.



Markets Quotes: "The middle and working classes are paying the debt that the financial markets created."

The middle and working classes are paying the debt that the financial markets created.



Markets Quotes: "The financial markets play an active role in determining what's going to happen, how the economy is going to function."

The financial markets play an active role in determining what's going to happen, how the economy is going to function.



Markets Quotes: "The dark comes before dawn. The financial markets are under great pressure because of the lack of leadership during the transition period."

The dark comes before dawn. The financial markets are under great pressure because of the lack of leadership during the transition period.



Markets Quotes: "One could imagine such technology outsmarting financial markets, out-inventing human researchers, out-manipulating human leaders, and developing weapons we cannot even understand."

One could imagine such technology outsmarting financial markets, out-inventing human researchers, out-manipulating human leaders, and developing weapons we cannot even understand.



Markets Quotes: "A day will come when there will be no battlefields, but markets opening to commerce and minds opening to ideas."

A day will come when there will be no battlefields, but markets opening to commerce and minds opening to ideas.



Markets Quotes: "It is the job of the market to turn the base material of our emotions into gold."

It is the job of the market to turn the base material of our emotions into gold.



Markets Quotes: "Don't confuse brains with a bull market."

Don't confuse brains with a bull market.



Markets Quotes: "Creating a regulatory system that reflects the modern-day realities of financial markets is not as difficult as it may appear."

Creating a regulatory system that reflects the modern-day realities of financial markets is not as difficult as it may appear.



Markets Quotes: "Selling drug secrets violates a trust that is fundamental to the integrity of both scientific research and our financial markets."

Selling drug secrets violates a trust that is fundamental to the integrity of both scientific research and our financial markets.



Markets Quotes: "In most bull markets there comes a time when the public controls fluctuations and the efforts of the largest operators are insufficient to check the rising tide."

In most bull markets there comes a time when the public controls fluctuations and the efforts of the largest operators are insufficient to check the rising tide.



Markets Quotes: "It's a familiar truism that at any one moment, financial markets are dominated by either fear or greed. But the healthiest markets are those that are animated by both fear and greed at the same time."

It's a familiar truism that at any one moment, financial markets are dominated by either fear or greed. But the healthiest markets are those that are animated by both fear and greed at the same time.



Markets Quotes: "I would say that financial markets are very inefficient, and capable of extremes of being completely dysfunctional."

I would say that financial markets are very inefficient, and capable of extremes of being completely dysfunctional.



Markets Quotes: "Let us not be defeated by the tyranny of the world financial markets that threaten peace and democracy everywhere."

Let us not be defeated by the tyranny of the world financial markets that threaten peace and democracy everywhere.



Markets Quotes: "If the EU and the US can cooperate successfully on regulating financial markets, everyone else will follow."

If the EU and the US can cooperate successfully on regulating financial markets, everyone else will follow.



Markets Quotes: "As I discovered, there is a great deal of similarity between a boom-bust process in the financial markets and the rise and fall of the Soviet system."

As I discovered, there is a great deal of similarity between a boom-bust process in the financial markets and the rise and fall of the Soviet system.



Markets Quotes: "There will always be bull markets followed by bear markets followed by bull markets"

There will always be bull markets followed by bear markets followed by bull markets



Markets Quotes: "Trillions of dollars every day are being exchanged around the world in all of the financial markets."

Trillions of dollars every day are being exchanged around the world in all of the financial markets.



Markets Quotes: "I put forward a pretty general theory that financial markets are intrinsically unstable. That we really have a false picture when we think about markets tending towards equilibrium."

I put forward a pretty general theory that financial markets are intrinsically unstable. That we really have a false picture when we think about markets tending towards equilibrium.



Markets Quotes: "A second reason why science cannot replace judgement is the behavior of financial markets."

A second reason why science cannot replace judgement is the behavior of financial markets.



Markets Quotes: "Sir, there is no settling the point of precedency between a louse and a flea."

Sir, there is no settling the point of precedency between a louse and a flea.



Markets Quotes: "Sometimes it is my impression that most politicians are still not aware of being under the control of the financial markets and are even governed by them."

Sometimes it is my impression that most politicians are still not aware of being under the control of the financial markets and are even governed by them.



Markets Quotes: "Most emerging markets are skipping web based technology and go straight to mobile"

Most emerging markets are skipping web based technology and go straight to mobile



Markets Quotes: "You never know when you're going to get an opportunity."

You never know when you're going to get an opportunity.



Markets Quotes: "Today the financial market is no good, but the money is there."

Today the financial market is no good, but the money is there.



Markets Quotes: "Financial markets ... resent any kind of government interference but they hold a belief deep down that if conditions get really rough the authorities will step in."

Financial markets ... resent any kind of government interference but they hold a belief deep down that if conditions get really rough the authorities will step in.



Markets Quotes: "No man can always have adequate reasons for buying or selling stocks daily - or sufficient knowledge to make his play an intelligent play."

No man can always have adequate reasons for buying or selling stocks daily - or sufficient knowledge to make his play an intelligent play.



Markets Quotes: "The profit of the one is the profit of the other."

The profit of the one is the profit of the other.



Markets Quotes: "I literally in the New York flea market - just when I was despairing of ever having a great serendipitous find - found a 1926 Chanel."

I literally in the New York flea market - just when I was despairing of ever having a great serendipitous find - found a 1926 Chanel.



Markets Quotes: "That's probably good, all things being equal, for emerging markets, not bad, even though it may not be great for all their currencies."

That's probably good, all things being equal, for emerging markets, not bad, even though it may not be great for all their currencies.