A Quote by Paul Krugman

Seven habits that help produce the anything-but-efficient markets that rule the world. 1. Think short term. 2. Be greedy. 3. Believe in the greater fool 4. Run with the herd. 5. Overgeneralize 6. Be trendy 7. Play with other people's money

Paul Krugman

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Anything Believe Efficient Efficient Markets Fool Greater Greedy Habits Help Herd Markets Money Other People Play Produce Rule Run Seven Seven Habits Short Short Term Term Think Trendy World

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Paul Krugman
American - Economist
Born: February 28, 1953

Heaven help a timid child in a trendy tide He really doesn't know That his heart's being taken for a ride Doing what the world lays down As a steadfast rule And changing when the world says to change Like a steadfast fool Heaven, heaven help me I'm one of the dominoes Chain reaction coming Blow by blow

Mark Heard

Finance is about being short-term greedy, rather than thinking about the markets as a critical part of our society that exist to empower the world, rather than to enrich a few.

Baiju Bhatt

The dominance of short-term perspectives has led to routine decisions in the markets that sacrifice the long-term buildup of genuine value in pursuit of artificial, short-term gains.

Al Gore

I think I’m greedy, but I’m not greedy for money – I think that can be a burden – I’m greedy for an exciting life. I want it to be exciting all the time, and I get it, actually. On the other hand, I can find excitement, I admit, in raindrops falling on a puddle and a lot of people wouldn’t. I intend to have it exciting until the day I fall over.

David Hockney

Motivating through fear may work in the short term to get people to do something, but over the long run I believe personal pride is a much greater motivator. It produces far better results that last for a much longer time.

John Wooden

I understand that fans think short-term, and there's nothing wrong with that. You live or you die in the short term. But I believe in our system, and when you do that, you don't make knee-jerk decisions.

Rocky Wirtz

If we don't like rent control, we ought to oppose it on political and social grounds - and not just by arguing that, thanks to smartphones and social networks, we can create new, more efficient markets for matching short-term renters with tenants.

Evgeny Morozov

I wouldn't be able to do anything with my vampire horde except make it run around in a herd, but it would be a very impressive herd.

Ilona Andrews

I truly believe that capitalism was created to help people live better lives, but sadly over the years it has lost its way a bit. The short-term focus on profit has driven most businesses to forget about the important long-term role they have in taking care of people and the planet.

Richard Branson

Do not accept principal risk while investing short-term cash: the greedy effort to earn a few extra basis points of yield inevitably leads to the incurrence of greater risk, which increases the likelihood of losses and severe illiquidity at precisely the moment when cash is needed to cover expenses, to meet commitments, or to make compelling long-term investments.

Seth Klarman

The finance world in general is very, very complicated and there are so many different things that need to be evaluated, but I think at the end of the day, the most important thing is how you want to invest your money - if you want to be a short-term, mid-term or long-term investor.

Danilo Gallinari

Any strategy that involves crossing a valley accepting short-term losses to reach a higher hill in the distance will soon be brought to a halt by the demands of a system that celebrates short-term gains and tolerates stagnation, but condemns anything else as failure. In short, a world where big stuff can never get done.

Neal Stephenson

I think there are small treasures and blessings inside of our imperfections. But there are so many people in the world that oppress you for being an individual if you don't fit in with the rest of the crowd, if you don't run with the herd. It's always perplexing to me when I see people mad at other people for being who they are.

August Alsina

Speculators get a bad rap. In the popular imagination they're greedy, heedless, and amoral, adept at price manipulations and dirty tricks. In reality, they often play a key role in making markets run smoothly.

James Surowiecki

In a perfect world we'd want gay people to play gay people, but I think that's a good rule of thumb: Whoever gives the best audition should get the part. My problem is getting anybody to hire me for anything other than queens.

Leslie Jordan

Markets are a social construction, they're made from institutions. We in a democratic society create markets, we constitute markets, we bring them into existence, and we shouldn't turn markets over to a narrow group of people who regulate them and run them in their interests, rather they should be run democratically for the common good.

Douglas Massey

A Quote by Paul Krugman

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