A Quote by Eugene Fama

I don't know what a credit bubble means. I don't even know what a bubble means. These words have become popular. I don't think they have any meaning. — © Eugene Fama
I don't know what a credit bubble means. I don't even know what a bubble means. These words have become popular. I don't think they have any meaning.
I don't even know what that means. People who get credit have to get it from somewhere. Does a credit bubble mean that people save too much during that period? I don't know what a credit bubble means. I don't even know what a bubble means. These words have become popular. I don't think they have any meaning.
We think we know that chimpanzees are higher animals and earthworms are lower, we think we've always known what that means, and we think evolution makes it even clearer. But it doesn't. It is by no means clear that it means anything at all. Or if it means anything, it means so many different things to be misleading, even pernicious.
A bubble in early-stage funding means maybe there's $300 million at work when maybe there should be $150, as opposed to a bubble in late-stage funding which means there's $20 billion at work when there should be $3.
When the bubble of ignorance bursts the self realizes its oneness with the indivisible Self. Words that proceed from the Source of Truth have real meaning. But when men speakthese words as their own, the words become meaningless.
The enthusiasm for Tesla and other bubble-basket stocks is reminiscent of the March 2000 dot-com bubble. As was the case then, the bulls rejected conventional valuation methods for a handful of stocks that seemingly could only go up. While we don't know exactly when the bubble will pop, it eventually will.
I relate to what Gov. Romney brings. I know what it means to balance a budget. I know what it means to write a paycheck and not only cash one. I know what it means to create a job, and I know what it means to struggle with my business every day in terms of keeping our doors open any day but definitely in a difficult economy.
Few words in any language carry such a load of meaning as 'honor.' It is an old word, unchanged even in its spelling from classical Latin to modern English. Spoken or written, it does not seem to require much explanation; most people think they know what it means.
I was secretary of the Treasury when the credit bubble burst, so I think it's fair to say that I know a little bit about risk, assessing outcomes, and problem-solving.
We can talk about republican or democratic approaches to the economy, but until you fix the student loan bubble - and that's where the real bubble is - and the tuition bubble, we don't have a chance. All this other stuff is shuffling deck-chairs on the Titanic.
Well, for me, I grew up very Southern Baptist, and I definitely lived in my bubble. You know, I lived in my bubble that was in my church.
If possible, avoid being a bubble; for a bubble, even the gentlest touch is fatal.
The trouble today is that many Christians live in a kind of bubble of assumptions about what their Christianity means, especially if it places them comfortably among "the good guys," - assumptions that are likely to be drawn as much from folk-Christianity, surrounding political culture, popular pulp-books about the "End Times," or their favourite guru writer or therapist, than from sober and comprehensive reading of the Bible as a whole. Prophets and preachers have the unwelcome task of pricking that bubble with the sharpness of actual texts and teachings of the Bible itself.
I don't know" means "NO!" "I don't know" means "I'm too cowardly to tell you the truth because I can't deal with confrontation." "I don't know" means please do the dirty work for me because I don't want to hurt your feelings even more then I already have.
I've not won different awards - many, many times - so luckily I've practiced that whenever you are nominated for anything, you enter into this marvelous, fantabulous bubble called the bubble of nomination. The minute the envelope is opened and your name isn't called out, the bubble bursts. And no one calls you up the next day to say, 'So sorry you didn't win,' or 'You looked gorgeous - nothing. If you win, you get about another 24 hours in that lovely bubble and then - pop - you are slightly wet all over from the bubble and realize that you have to get on with real life.
In infinite time, in infinite matter, in infinite space, is formed a bubble organism, and that bubble lasts a while and bursts, and that bubble is Me.
I was in the tennis bubble. I wasn't thinking about the big picture. I didn't notice what they said on television, I wasn't reading any papers. I had a coach and a manager, and they kept me in the bubble.
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