A Quote by Nouriel Roubini

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

Quote Topics

Asset Bubbles Crashes Exuberance Failures Irrational Lead Left Like Market Market Failure Need Periods Themselves Things Two Understand

Quote Author

Nouriel Roubini
American - Economist
Born: March 29, 1958

I believe the only things that really matter in investing are the bubbles and the busts

Jeremy Grantham

We thought we completely understood bubbles when we were kids. But we didn't. Bubbles are these amazing things. It's just that people aren't paying enough attention.

Tom Noddy

If the financial system has a defect, it is that it reflects and magnifies what we human beings are like. Money amplifies our tendency to overreact, to swing from exuberance when things are going well to deep depression when they go wrong. Booms and busts are products, at root, of our emotional volatility.

Niall Ferguson

I could blow bubbles. Bubbles would solve any dilemma we face. If bubbles were president there would be no war.

Thom Yorke

Bubbles have quite a few things in common, but housing bubbles have a spectacular thing in common, and that is every one of them is considered unique and different.

Jeremy Grantham

Bubbles are round for the same reason that planets are spherical. The universe itself is like bubbles.

Tom Noddy

Rise above the dualities, the opposites. See this whole world as the bubbles on the surface of water. See people as bubbles on the surface of the Brahman, of the Infinity...Water bubbles up, rises up. Like that, everybody is rising and having their own games and plays and dissolving back into the Infinite.

Sri Sri Ravi Shankar

When interest rates are low we have conditions for asset bubbles to develop, and they are developing at the moment. The ultimate asset bubble is gold.

George Soros

The last 15 years we had one of the biggest economic booms. But I think a few bubbles have burst in a few countries. So we are all going through the same things. But let's say Ireland, in the '70s and the '80s was tough, but if you grow up with a tough background it makes you strong.

Gavin Friday

When I do the dodecahedron with the science audiences, I'll point out that I can only do three of the five forms with bubbles, since bubbles only join at three-way corners. The two I can't do are the ones that represent water and air. That always gets a big laugh from the mathematicians. They see the irony in it.

Tom Noddy

I enjoy the beauty of the bubble, they're fluid and yet they have these geometric shapes so they do surprising things - two spheres become a single sphere - it's what bubbles do.

Tom Noddy

It is ludicrous to believe that asset bubbles can only be recognized in hindsight.

Michael Burry

Bubbles are created when something positive is happening. People get over-enthusiastic about it and take the tide higher than it should go. The reality is bubbles are required to create an industry.

Naveen Tewari

Consider the true picture. Think of myriads of tiny bubbles, very sparsely scattered, rising through a vast black sea. We rule some of the bubbles. Of the waters we know nothing.