Alan Greenspan Quotes, Ignorance Quotes, Reality Quotes

Regulators have not been able to achieve the level of future clarity required to act pre-emptively. The problem is not lack of regulation but unrealistic expectations. What we confront in reality is uncertainty, some of it frighteningly so...

6 years ago

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Tags : Alan Greenspan Quotes , Ignorance Quotes , Reality Quotes

The very nature of finance is that it cannot be profitable unless it is significantly leveraged... and as long as there is debt, there can be failure and contagion.

6 years ago

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Tags : Alan Greenspan Quotes , Long Quotes , Debt Quotes

The process of innovation is, of course, never ending.

6 years ago

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Tags : Alan Greenspan Quotes , Innovation Quotes , Process Quotes

Amateurs want to be right. Professionals want to make money.

6 years ago

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Tags : Alan Greenspan Quotes , Want Quotes

How do we know when irrational exuberance has unduly escalated asset values?

6 years ago

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Tags : Alan Greenspan Quotes , Memorable Quotes , Assets Quotes

It is decidedly not true that "nice guys finish last," as that highly original American baseball philosopher, Leo Durocher, was alleged to have said.

6 years ago

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Tags : Alan Greenspan Quotes , Life Quotes , Success Quotes

But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade?

6 years ago

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Tags : Alan Greenspan Quotes , Past Quotes , Japan Quotes

I'm not denying that monopolies are terrible things, but I am denying that it is readily easy to resolve them through legislation of that nature.

6 years ago

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Tags : Alan Greenspan Quotes , Easy Quotes , Legislation Quotes

Cash is available and we should use that in larger amounts, as is necessary, to solve the problems of the stress of this.

6 years ago

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Tags : Alan Greenspan Quotes , Stress Quotes , Use Quotes

I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.

6 years ago

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Tags : Alan Greenspan Quotes , War Quotes , Oil Quotes

There is no evidence that the business cycle has been repealed.

6 years ago

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Tags : Alan Greenspan Quotes , Evidence Quotes , Has Beens Quotes

Indeed, better risk management may be the only truly necessary element of success in banking.

6 years ago

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Tags : Alan Greenspan Quotes , Risk Quotes , Banking Quotes

Productivity is notoriously difficult to predict.

6 years ago

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Tags : Alan Greenspan Quotes , Difficult Quotes

Now, I only play very occasionally, and in fact, more piano than clarinet or sax.

6 years ago

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Tags : Alan Greenspan Quotes , Play Quotes , Piano Quotes

If we allow terrorism to undermine our freedom of action, we could reverse at least part of the palpable gains achieved by postwar globalization. It is incumbent upon us not to allow that to happen.

6 years ago

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Tags : Alan Greenspan Quotes , Gains Quotes , Action Quotes

I'm always amazed that my wife can handle different subjects - one day politics, the next day foreign policy. And she always has so much fun doing it. We make a good team.

6 years ago

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Tags : Alan Greenspan Quotes , Fun Quotes , Team Quotes

Improvements in lending practices driven by information technology have enabled lenders to reach out to households with previously unrecognized borrowing capacities.

6 years ago

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Tags : Alan Greenspan Quotes , Technology Quotes , Practice Quotes

I have found no greater satisfaction than achieving success through honest dealing and strict adherence to the view that, for you to gain, those you deal with should gain as well.

6 years ago

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Tags : Alan Greenspan Quotes , Success Quotes , Honesty Quotes

This decade is strewn with examples of bright people who thought they built a better mousetrap that could consistently extract abnormal returns from the financial markets. Some succeed for a time. But while there may occasionally be mis-configurations among market prices that allow abnormal returns, they do not persist.

6 years ago

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Tags : Alan Greenspan Quotes , People Quotes , Abnormal Quotes

We will have more crises and none of them will look like this because no two crises have anything in common except human nature.

6 years ago

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Tags : Alan Greenspan Quotes , Two Quotes , Looks Quotes