A Quote by Alan Greenspan

But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade?

Alan Greenspan

Quote Topics

Asset Become Contractions Decade Exuberance How Irrational Japan Know Over Over The Past Past Subject Then Unexpected Values Which

Quote Author

Alan Greenspan
American - Economist
Born: March 6, 1926

Clearly, sustained low inflation implies less uncertainty about the future, and lower risk premiums imply higher prices of stocks and other earning assets. We can see that in the inverse relationship exhibited by price/earnings ratios and the rate of inflation in the past. But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade?

Alan Greenspan

How do we know when irrational exuberance has unduly escalated asset values?

Alan Greenspan

In the '90s it was irrational exuberance. Now it may be irrational doom and gloom.

Robert Reich

What we need to understand is, one, that there are market failures; and two, that there are things like asset bubbles and irrational exuberance. There are periods of booms, bubbles, and manias. These things, if left to themselves, can lead to crashes, to busts, to panics.

Nouriel Roubini

Did you know that the word 'tsunami,' which is now being used worldwide, is a Japanese word? This is indicative of the extent to which Japan has been subject to frequent tsunami disasters in the past.

Junichiro Koizumi

Well, when I was younger, in high school, I started out smoking pot. Which escalated into taking acid on a regular basis, which escalated into selling acid. And then I started, when I went to college, I started doing opiates.

John Wozniak

The 1990s was not just Japan's 'wasted decade,' it was also a wasted decade for the India-Japan relationship.

Sanjaya Baru

If the past decade was the decade of searching and finding and looking for stuff, this coming decade is going to be the decade of filtering and going to your friends for recommendations.

Esther Dyson

I worked on trying to get to Mexico, which was the first thing that I really wanted to do, but a couple of my girlfriends thought that I should learn how to wrestle before I go to Mexico, so I should try out in Japan. That is how I kind of got over there in Japan.

Laurel Van Ness

The dominant factors affecting control valuations are earning power (past and prospective) and asset values.

Warren Buffett

For a variety of reasons, I have always felt myself an outsider. I don't know how to classify myself in economics. I am a loner. I do not like groupthink, which, if anything, has become more important in economics. In addition, a lot of the values I hold are not the mainstream values in the profession.

James Heckman

Approaching subject matter to photograph is like meeting a person and beginning a conversation. How does one know ahead of time where that will lead, what the subject matter will be, how intimate it will become, how long the potential relationship will last? Certainly, a sense of curiosity and a willingness to be patient to allow the subject matter to reveal itself are important elements in this process.

Michael Kenna

In general, the questions that are on our mind are the same questions that have been driving our work over the past decade. How do we bring order to this messy, unpredictable world of innovation? How can we dramatically improve the chances of creating a successful new-growth business? How can we do this again and again? More specifically, it has become very clear that the fundamental paradigms of market segmentation and branding are badly broken - and we're working on developing more useful theories for these dimensions of innovation.

Clayton Christensen

Experiment! Meet new people. That’s better than any college education . . . By adventuring; about, you become accustomed to the unexpected. The unexpected then becomes what it really is . . . the inevitable.

Amelia Earhart

How do you know all this? Jeez, Tory, you’re a kid. Act like it. (Geary) (Tory reached out and punched her on the arm.) Ow! What was that for? (Geary) Unexpected and irrational emotional outbursts. Isn’t that what teenagers are supposed to do? Oh, and sulk. A lot. (Tory)

Sherrilyn Kenyon

We want to lead by our values and out interests in ways that, regardless of the trajectory over the next decade, people will know the United States was on the side of democracy, on the side of the rule of law.

Hillary Clinton

A Quote by Alan Greenspan

Quote Topics

Quote Author

Related Quotes

Related Authors