A Quote by Jeremy Grantham

Volatility is a symptom that people have no idea of the underlying value.

Jeremy Grantham

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Idea No Idea People Symptom Underlying Value Volatility

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Jeremy Grantham
British - Businessman

Volatility is a symptom that people have no idea of the underlying value-that they have stopped playing the asset game. They're not buying because it's a company with certain attributes. They're buying because the price is rising. People are playing games not related to any concept at all of what the long-term value of the enterprise is. And they know it.

Jeremy Grantham

A margin of safety is achieved when securities are purchased at prices sufficiently below underlying value to allow for human error, bad luck, or extreme volatility in a complex, unpredictable and rapidly changing world.

Seth Klarman

Alan White and I spent the next two or three years working together on this. We developed what is known a stochastic volatility model. This is a model where the volatility as well as the underlying asset price moves around in an unpredictable way.

John Hull

The Sunni militants that make up ISIS are not the underlying problem in Syria and Iraq, but rather they are a symptom of other deeper problems.

Peter Bergen

Because of that [Brexit], you're going to have slow growth and, unfortunately, while there may not be huge volatility, there will be volatility.

Jamie Dimon

Value investing is the discipline of buying shares at a significant discount from their current underlying values and holding them until more of their value is realised. The element of a bargain is the key to the process.

Seth Klarman

Volatility and length, that's the value on an option. 10 years on a startup stock, that's a big valuable thing.

Ben Horowitz

Lakoff's idea is that most of our thought is guided by underlying conceptual mappings between two domains that share some content, that overlap in the sets of their attributes. ... Contrary to the assertions of Lakoff and some of the cognitive metaphor theorists, people can read through to an underlying mapping, but only when the surface metaphor is new to them.

Don Paterson

Rock has to absorb other rhythmic forms, because the underlying rhythm of music changes with fashion, and people like to move differently, and the underlying rhythms have to be the ones that people want to dance to.

Mick Jagger

When I walk into a room, I know my storytelling has value and I have to sell my idea. I have to help people see the financial value and gain in my work.

Mara Brock Akil

I think if art has one underlying value, it's that.

Tavares Strachan

The idea of a detached art, of poetry as a charm which exists only to distract our leisure, is a decadent idea and an unmistakable symptom of our power to castrate.

Antonin Artaud

Low-volatility funds, which tend to smooth out performance, have been especially popular since the financial crisis. The PowerShares S&P 500 Low Volatility Fund is the oldest, begun in 2011.

James B. Stewart

I believe that writer's block is a symptom. It's not a disease, it's the symptom of a disease. So what I try to do is kind of do it like 'House'; write down the symptom and write down the other symptoms. Try to work backwards to figure out what the problem is.

Cassandra Clare

If there is a bedrock principle underlying the First Amendment, it is that the government may not prohibit the expression of an idea simply because society finds the idea itself offensive or disagreeable.

William J. Brennan

People gravitate to religion to feel a connection to the underlying meaning of everything. Well, as a scientist, you're always looking for the underlying meaning, and that, to me, is such a spiritual life, I wish people would open themselves up to that wonder.

Carolyn Porco

A Quote by Jeremy Grantham

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