A Quote by Robert J. Shiller

In a bubble, eventually people start saying, 'Wait a minute... these prices are way too high! What is anyone buying anymore? What could they possibly be thinking?' And then there's a correction and a bursting.
THE CORRECTION, when it finally came, was not an overnight bursting of a bubble but a much more gentle letdown, a year-long leakage of value from key financial markets, a contraction too gradual to generate headlines and too predictable to seriously hurt anybody but fools and the working poor.
I've had people say to me, "Well, how do I start collecting artworks?" Well, you start by buying. Buy what you like, buy what you can afford - and I'm not just saying that because I'm a dealer. You can't be so paralyzed to where you keep saying, "I've got to learn more." The best way to learn is to go home and actually put something on the wall. Then you've got an investment. Then you're living with it. Then you're in the game.
I think so, too. I know I felt that way. For years. It was as if I was a character in a movie and the real action was about to start at any minute. But I think some people wait forever, and only at the end of their lives do they realize that their life has happened while they were waiting for it to start.
The enthusiasm for Tesla and other bubble-basket stocks is reminiscent of the March 2000 dot-com bubble. As was the case then, the bulls rejected conventional valuation methods for a handful of stocks that seemingly could only go up. While we don't know exactly when the bubble will pop, it eventually will.
We escaped the last big bursting of a bubble - the dotcom bubble - with a relatively light U.S. recession. On that occasion, the world economy found its way back on track fairly quickly.
We look at each other without saying anything, both of us smiling like idiots. I heart is so full I can’t believe it can possibly still beat without bursting right in front of me. My desire for him is so fierce I’m afraid to stand, because I know my knees will be too weak to hold me up, but there’s more than that. This great and bursting thing inside me is love.
You could slap his wrist for saying it, but then he said it with his face, and you could spank him for making faces, but then he said it with his eyes, and there were limits to correction-no way, in the end, to penetrate behind the blue irises and eradicate a boy's disgust.
Prices are going up. Unemployment is continue to go up. And we have not had the necessary correction for the financial bubble created by our Federal Reserve system.
Prices are going up. Unemployment continues to go up. And we have not had the necessary correction for the financial bubble created by our Federal Reserve system.
I'm always amazed that anyone is paying attention to anything that I do, you know what I mean? I feel like I'm constantly having conversations with people where they're saying, "I didn't know that you could be serious," and then other people are saying, "Oh, I didn't know that you could do comedy." And so I don't know if it really helped too much with this. I like to think that it does.
'It’s, like, one of them drug dealer boats,' Vic says, looking through his magic sight. 'Five guys on it. Headed our way.' He fires another round. 'Correction. Four guys on it.' Boom. 'Correction, they’re not headed our way anymore.' Boom. A fireball erupts from the ocean two hundred feet away. 'Correction. No boat.'
Clearly, high energy prices will have a large negative effect on the California economy and could possibly drag the rest of the nation into a recession.
They started saying stuff like 'Should we cut the movie? Is it too this, too that?' It got drastic. It got heated. I said, 'Wait a minute, folks. I didn't make 'Smokey' for big-city audiences. I made it for the South, the Midwest and Northwest. Those are my people.'
I don't think in genres. Once I get a germ of an idea I wait for it to die! And if it refuses to die and keeps coming back, I start thinking more about it. Then come the world and the characters. I wait to get bored and if I don't get bored- then I start building on them.
We make too much out of past performance, and it's very misleading to investors. It causes them to move money around. They buy a fund that's hot and then it turns cold as all hot funds eventually do. And then they get out. Well, buying at the high and selling at the low isn't going to leave you a satisfied shareholder, right?
One of the reasons so many people get burned in the market is because they start buying as they see prices going up.
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