Causes Quote by Benjamin Graham

Most economists, when modeling market behavior, tend to sweep major fluctuations under the rug and assume they are anomalies. What I have found is…

— Benoit Mandelbrot

“The price of stability is unpreparedness.”

— Anthony Ryan

People want to buy cheap and sell dear; this by itself makes them countertrend. But the notion of cheapness or dearness must be anchored…

— William Eckhardt

As discomfiting as it is to both market optimists and policy activists, a certain amount of instability is inherent to the economy.

— Virginia Postrel

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

— George Soros

Most investors give too much credence to the theory that prices are rational; they presume that a market collapse must have been justified by…

— Kenneth Fisher

“It is one thing when prices drift downward over time due to innovation, scalability or other efficiencies. This might be considered “good” deflation and…

— James Rickards

Markets tend to always overshoot when they get really ebullient.

— Stephen A. Schwarzman

The problem is, to have prices fall would work fine if we didn't have all these built in rigidities on downward prices, because then…

— Charles Koch

The markets don't like instability and they don't like uncertainty.

— Peter Mandelson

Price fluctuations have only one significant meaning for the true investor. They provide him with an opportunity to buy wisely when prices fall sharply…

— Benjamin Graham

The much-maligned price system works not only to secure supply but to conserve. [...] Profits and prices are the street signs of the economy.…

— Ilana Mercer