Assets Quote by Alan Greenspan

But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they…

— Alan Greenspan

Clearly, sustained low inflation implies less uncertainty about the future, and lower risk premiums imply higher prices of stocks and other earning assets. We…

— Alan Greenspan

“Irrational exuberance is the psychological basis of a speculative bubble. I define a speculative bubble as a situation in which news of price increases…

— Robert J. Shiller

While the apostles of the new so-called "behavioral" theory present ample evidence of how often human beings make irrational financial decisions, it remains to…

— John C. Bogle

“our irrationality happens the same way, again and again. Whether we are acting as consumers, businesspeople, or policy makers, understanding how we are predictably…

— Dan Ariely

Under the ideal measure of values there lurks the hard cash.

— Karl Marx

What we need to understand is, one, that there are market failures; and two, that there are things like asset bubbles and irrational exuberance.…

— Nouriel Roubini

We are not so brazen as to believe that we can perfectly calibrate valuation; determining risk and return for any investment remains an art…

— Seth Klarman

“Emotional values are the most expensive ones which cannot be bought through materialistic values.”

— Anonymous

“The greater fool theory states that the price of an object is determined not by its intrinsic value, but rather by irrational beliefs and…

— Ashwin Sanghi

The line separating investment and speculation, which is never bright and clear, becomes blurred still further when most market participants have recently enjoyed triumphs.…

— Warren Buffett

“The intrinsic value of an asset is determined by the cash flows you expect that asset to generate over its life and how uncertain…

— Aswath Damodaran