A Quote by Eric Maskin
Economic forecasting has actually got pretty good over the years, though admittedly, we don't always get it right.
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I traveled a good deal all over the world, and I got along pretty good in all these foreign countries, for I have a theory that it's their country and they got a right to run it like they want to.
One funny thing is, though, I wear my watch on my right hand and I'm actually right-handed. People always wonder why - I don't know myself, I've just always done it that way and I like it the way a good watch fits on my right wrist.
We're not very good at forecasting, and we don't know how to measure the impact of economic policy.
Tell me a musician who's got rich off digital sales. Apple's doing pretty good though, right?
Music was not always my fan. Sometimes there were lean years, years where I was uncertain if I was doing the right or wrong thing. And years where there wasn't the acceptance, years of economic hardships, and failures. That's when you get to know either who you are, what you're made of, or what's inside of you. If you don't probe deeper, you'll never know, and you can't go on.
I'm a God-gifted fighter. I've got vision. I've got very good reaction. I've got a good jab. I seem to be able to hit and not get hit. I've got a good right hand, and that's my power hand. I like to mix it up. I'm never set on one style. I'm always doing something different, and I'm a sponge. I'm always learning more.
One of the gratifying things, I think, about the end of my presidency even though admittedly my successor ran against a lot of what we stood for, is when you look at the individual issues and the progress that we've made on a lot of those issues, we got the support of a pretty decent majority.
Investing is an activity of forecasting the yield over the life of the asset; speculation is the activity of forecasting the psychology of the market.
It is a sort of great Victorian truth that actually, trying to do the right thing is pretty good for you and pretty good for business as well, by and large.
I say this in the spirit of feminist encouragement, but I think I'm pretty hot. I've got all the facial features, facing the right way, at the right end, and you can always paint over the bad bits with makeup.
You look at any roster and you say, 'Geez, he's pretty good. He's pretty good. He's talented. He comes off the bench?' All of a sudden, it's, 'Geez, that's a pretty good roster they got right there.'
I will be the first to say that it is always difficult to get monetary policy just right. But the Fed's analytical prowess is top-notch, and our forecasting record is second to none.
Nobody despises to lose more than I do. That's got me into trouble over the years, but it also made a man of mediocre ability into a pretty good coach.
I do believe that we have the opportunity to continue - I repeat myself over and over again with this - to redefine and reinvent ourselves and as long as we do that, then I think we've got some pretty good odds in our favor, because we're not always presenting the same thing.
The Swiss have an interesting army. Five hundred years without a war. Pretty impressive. Also pretty lucky for them. Ever seen that little Swiss Army knife they have to fight with? Not much of a weapon there. Corkscrews. Bottle openers. ‘Come on, buddy, let’s go. You get past me, the guy in the back of me, he’s got a spoon. Back off, I’ve got the toe clippers right here.
If I have noticed anything over these 60 years on Wall Street, it is that people do not succeed in forecasting what`s going to happen to the stock market.
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