A Quote by Jay Samit

What most entrepreneurs don't understand is that it isn't the economy that bursts a bubble, but investor psychology. — © Jay Samit
What most entrepreneurs don't understand is that it isn't the economy that bursts a bubble, but investor psychology.
I can understand the dilemma of growing up in a bubble, and then not knowing what to do when unemployment beckons and reality bursts in.
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.
If you go into what I call a bubble boom, every bubble bursts.
From the Great Depression, to the stagflation of the seventies, to the current economic crisis caused by the housing bubble, every economic downturn suffered by this country over the past century can be traced to Federal Reserve policy. The Fed has followed a consistent policy of flooding the economy with easy money, leading to a misallocation of resources and an artificial 'boom' followed by a recession or depression when the Fed-created bubble bursts.
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.
If you want to understand entrepreneurs, you have to study the psychology of the juvenile delinquent. They don't have the same anxiety triggers that we have.
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.
If the Chinese bubble bursts one day, which inevitably will happen - maybe not tomorrow, maybe in three months, maybe in three years - when it happens, it will have devastating consequences for the global economy.
I think it's hard to understand in economics. It's easier to understand on psychology.It's a kind of panic or a sense that the world economy is just not in as good shape as we thought and so everybody is chasing everybody else.
The choice is ours-yours and mine. We can stay with business as usual and preside over a global bubble economy that keeps expanding until it bursts, leading to economic decline. Or we can adopt Plan B and be the generation that stabilizes population, eradicates poverty, and stabilizes climate. Historians will record the choice, but it is ours to make.
Every serious deflation I've looked at is preceded by an asset bubble, and then it bursts.
We escaped the last big bursting of a bubble - the dotcom bubble - with a relatively light U.S. recession. On that occasion, the world economy found its way back on track fairly quickly.
It's very gratifying sometimes to make yourself the butt of the joke because it bursts your bubble.
Olive's private view is that life depends on what she thinks of as "big bursts" and "little bursts." Big bursts are things like marriage or children, intimacies that keep you afloat, but these big bursts hold dangerous, unseen currents. Which is why you need the little bursts as well: a friendly clerk at Bradlee's, let's say, or the waitress at Dunkin' Donuts who knows how you like your coffee. Tricky business, really.
In sanskrit they say: "Tat twam asi" - thou art that. You are God. The bubble of your awareness bursts and you're flooded with immortality.
Do more and understand that all wealth came from poor people either as the entrepreneurs or the consumers who buy the product that keeps the entrepreneurs in business.
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