A Quote by Peter Thiel
A true bubble is when something is overvalued and intensely believed.
Related Quotes
A true bubble is when something is overvalued and intensely believed. Education may be the only thing people still believe in in the United States. To question education is really dangerous. It is the absolute taboo. It's like telling the world there's no Santa Claus.
As I sat in the hot, salty water, I thought, 'No wonder Mr. Bubble always gives me a urinary tract infection and hives.' Mr. Bubble was for common people. Mr. Bubble was for my so-called brother, their true child. I was a Vanderbilt. I should bathe in condiments and seasonings.
Gold is not overvalued at $500, and gold will not be overvalued at $1,500 or $2,000. The real money is buying gold and putting it away.
Live life intensely - I've always believed in that.
People at the top spend less money than those at the bottom so when you have redistribution toward the top, aggregate demand goes down. Unless you intervene, you're going to have a weak economy unless something else happens. That something else could be a bubble. The United States tried a tech bubble and a housing bubble, but those were not sustainable answers. So I view inequality as a fundamental part of our macroeconomic weakness.
Education is a bubble in a classic sense. To call something a bubble, it must be overpriced, and there must be an intense belief in it.
When I first started with the UFC, that classic saying of spectacle over sport was very, very true. I believed in the sport, I believed in what I was doing and I believed in the people behind it.
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.
I always believed that the bubble could burst tomorrow. You're only as good as your last record.
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.
Jack believed in something—he believed in white witches and sleighs pulled by wolves, and in the world the trees obscured. He believed that there were better things in the woods. He believed in palaces of ice and hearts to match. Hazel had, too. Hazel had believed in woodsmen and magic shoes and swanskins and the easy magic of a compass. She had believed that because someone needing saving they were savable. She had believed in these things, but not anymore. And this is why she had to rescue Jack, even though he might not hear what she had to tell him.
He believed that life, true life, was something that was stored in music. True life was kept safe in the lines of Tchaikovsky's Eugene Onegin while you went out in the world and met the obligations required of you. Certainly he knew (though did not completely understand) that opera wasn't for everyone, but for everyone he hoped there was something. The records he cherished, the rare opportunities to see a live performance, those were the marks by which he gauged his ability to love.
Artists use lies to tell the truth. Yes, I created a lie. But because you believed it, you found something true about yourself.
I've always believed that a speculative bubble need not lead to a recession, as long as interest rates are cut quickly enough to stimulate alternative investments. But I had to face the fact that speculative bubbles usually are followed by recessions. My excuse has been that this was because the policy makers moved too slowly - that central banks were typically too slow to cut interest rates in the face of a burst bubble, giving the downturn time to build up a lot of momentum.
And one thing that I always believed and that I knew for certain was that I could never have sustained a personal relationship while I worked this hard, or while I was that driven this intensely by the story.
Related Authors
Bill Gates Quotes
American
Businessman
Charlie Munger Quotes
American
Businessman
Dieter F. Uchtdorf Quotes
German
Businessman
Henry Ford Quotes
American
Businessman
Jim Rohn Quotes
American
Businessman
Joseph B. Wirthlin Quotes
American
Businessman
Mark Cuban Quotes
American
Businessman
Mark Zuckerberg Quotes
American
Businessman
Peter Drucker Quotes
American
Businessman
Richard Branson Quotes
British
Businessman
Russell Simmons Quotes
American
Businessman
Sam Altman Quotes
American
Businessman
Steve Jobs Quotes
American
Businessman
Tom Peters Quotes
American
Businessman
Walt Disney Quotes
American
Businessman
Warren Buffett Quotes
American
Businessman