Alan Greenspan Quotes, Mistake Quotes, Made Quotes

If I say something which you understand fully in this regard, I probably made a mistake.

5 years ago

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Tags : Alan Greenspan Quotes , Mistake Quotes , Made Quotes

Although the outlook is clouded by a number of uncertainties, the central tendencies of the projections .. imply continued good economic performance in the United States.

5 years ago

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Tags : Alan Greenspan Quotes , Clouds Quotes , Numbers Quotes

There is nothing to guarantee the superior judgment, knowledge, and integrity of an inspector or a bureaucrat-and the deadly consequences of entrusting him with arbitrary power are obvious.

5 years ago

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Tags : Alan Greenspan Quotes , Integrity Quotes , Arbitrary Quotes

Any onset of increased investor caution elevates risk premiums and, as a consequence, lowers asset values and promotes the liquidation of the debt that supported higher asset prices, ... This is the reason that history has not dealt kindly with the aftermath of protracted periods of low risk premiums.

5 years ago

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Tags : Alan Greenspan Quotes , Risk Quotes , Aftermath Quotes

History has not dealt kindly with the aftermath of protracted periods of low risk premiums.

5 years ago

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Tags : Alan Greenspan Quotes , Risk Quotes , Aftermath Quotes

What we have found over the years in the marketplace is that derivatives have been an extraordinarily useful vehicle to transfer risk from those who shouldn't be taking it to those who are willing to and are capable of doing so.

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Tags : Alan Greenspan Quotes , Business Quotes , Years Quotes

If I've made myself clear, I've misspoken.

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Tags : Alan Greenspan Quotes , Made Quotes , Clear Quotes

There is no evidence that the business cycle has been repealed.

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

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Tags : Alan Greenspan Quotes , Long Quotes , Debt Quotes

The Iraq War is largely about oil.

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Tags : Alan Greenspan Quotes , War Quotes , Oil Quotes

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

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Tags : Alan Greenspan Quotes , Stress Quotes , Use Quotes

It has been my experience that competency in mathematics, both in numerical manipulations and in understanding its conceptual foundations, enhances a person's ability to handle the more ambiguous and qualitative relationships that dominate our day-to-day financial decision-making

5 years ago

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Tags : Alan Greenspan Quotes , Success Quotes , Business Quotes

It seems superfluous to constrain trading in some of the newer derivatives and other innovative financial contracts of the past decade. The worst have failed; investors no longer fund them and are not likely to in the future.

5 years ago

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Tags : Alan Greenspan Quotes , Business Quotes , Past Quotes

Gold still represents the ultimate form of payment in the world. Fiat money in extremis is accepted by nobody. Gold is always accepted.

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Tags : Alan Greenspan Quotes , Gold Quotes , World Quotes

People dont realize that we cannot forecast the future. What we can do is have probabilities of what causes what, but thats as far as we go. And Ive had a very successful career as a forecaster, starting in 1948 forward. The number of mistakes I have made are just awesome. There is no number large enough to account for that.

5 years ago

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Tags : Alan Greenspan Quotes , Mistake Quotes , Successful Quotes

Developing protectionism regarding trade and our reluctance to place fiscal policy on a more sustainable path are threatening what may well be our most valued policy asset: the increased flexibility of our economy, which has fostered our extraordinary resilience to shocks.

5 years ago

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Tags : Alan Greenspan Quotes , Resilience Quotes , Fiscal Policy Quotes

The probability of ten consecutive heads is 0.1 percent; thus, when you have millions of coin tossers, or investors, in the end there will be thousands of very successful practitioners of coin tossing, or stock picking.

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Tags : Alan Greenspan Quotes , Successful Quotes , Coins Quotes

I'm a better economist than I was a sax player.

5 years ago

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Tags : Alan Greenspan Quotes , Player Quotes

What an ideology is is a conceptual framework with the way people deal with reality. Everyone has one. You have to, to exist you need an ideology. The question is whether it is accurate or not.

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Tags : Alan Greenspan Quotes , Reality Quotes , People Quotes

Excessive optimism sows the seeds of its own reversal.

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Tags : Alan Greenspan Quotes , Optimism Quotes , Reversal Quotes