A Quote by Pierre Omidyar

I had always been interested in markets - specifically, the theory that in financial markets, goods will trade at a fair value only when everyone has access to the same information.

Pierre Omidyar

Quote Topics

Access Always Been Everyone Fair Financial Financial Markets Goods Had Information Interested Markets Only Same Specifically Theory Trade Value Will

Quote Author

Pierre Omidyar
French - Businessman
Born: June 21, 1967

There's been a dichotomy in the world financial markets over the last 30 years between the developed markets and the developing markets. Brazil, for example, always had to pay a lot more in interest to borrow money than governments in developed nations.

Porter Stansberry

The American people want to make sure that the rules of the game are fair. And what that means is that if you look at surveys around Americans' attitudes on trade, the majority of the American people still support trade. But they're concerned about whether or not trade is fair, and whether we get the same access to other countries' markets that they have with us. Is there just a race to the bottom when it comes to wages, and so forth.

Barack Obama

The single most significant change has been the globalization of labor markets. Product markets - trade in goods - have been globalizing for years. But now, with the reduction in communication expenses and the building of all sorts of IT infrastructure, essentially any job can be done almost anywhere.

Jeffrey Pfeffer

Without doubt, timely and democratic access to financial and market information contributes to smoothly functioning financial markets.

Whitney Tilson

The principal linkages between Japan and the U.S. global economies are trade, financial markets, and commodity markets.

Mark Zandi

The generally accepted theory is that financial markets tend towards equilibrium, and...discount the future correctly. I operate using a different theory, according to which financial markets cannot possibly discount the future correctly because the do not merely discount the future; they help to shape it.

George Soros

I put forward a pretty general theory that financial markets are intrinsically unstable. That we really have a false picture when we think about markets tending towards equilibrium.

George Soros

Ultimately savings have to go somewhere and I think they will find their home in financial markets and within financial markets, a large part in equity.

Rakesh Jhunjhunwala

Upon graduation, believe it or not, I had no job. I had no interviews. I had no prospects. I had no worries. What I did have, I had passion. I had enormous passion. I had passion for financial markets. I had fallen in love with financial markets.

Gary Cohn

Most trade agreements arise from a desire to liberalise trade - making it easier to sell goods and services into one another's markets. Brexit will not.

Barry Gardiner

A free-enterprise economy depends only on markets, and according to the most advanced mathematical macroeconomic theory, markets depend only on moods: specifically, the mood of the men in the pinstripes, also known as the Boys on the Street. When the Boys are in a good mood, the market thrives; when they get scared or sullen, it is time for each one of us to look into the retail apple business.

Barbara Ehrenreich

In certain circumstances, financial markets can affect the so-called fundamentals which they are supposed to reflect. When that happens, markets enter into a state of dynamic disequilibrium and behave quite differently from what would be considered normal by the theory of efficient markets. Such boom/bust sequences do not arise very often, but when they do, they can be very disruptive, exactly because they affect the fundamentals of the economy.

George Soros

We're told we need this trade deal to open up vast markets to American goods, ... But the reality is that most Chinese workers cannot afford to buy the goods that even they make.

David E. Bonior

Do not trust financial market risk models. Despite the predilection of some analysts to model the financial markets using sophisticated mathematics, the markets are governed by behavioral science, not physical science.

Seth Klarman

It's a familiar truism that at any one moment, financial markets are dominated by either fear or greed. But the healthiest markets are those that are animated by both fear and greed at the same time.