Anticipated Quote by Christine Lagarde

When excesses such as lax lending standards become widespread and persist for some time, people are lulled into a false sense of security, creating…

— Seth Klarman

Bubbles are best identified by credit excesses, not valuation excesses. And there's no bigger credit excess than in China.

— James Chanos

There are more things to gain from eliminating excess than you might imagine: time, space, freedom, and energy, for example.

— Fumio Sasaki

In the debate between those who believe in essentially unregulated markets and others who hold that reasonable regulation diminishes market excesses without inhibiting their…

— Barney Frank

As long as you have markets, you'll have excesses. People went crazy with tulip bulbs. They went crazy with the South Sea Bubble, they…

— Howard Warren Buffett

I don't want to drive the markets crazy. I don't want to create trouble, but rather order and rules and norms. We have to…

— Francois Hollande

Real short- and long-term rates were relatively high in the late-1990s, so financial excess can also arise without a low-rate environment.

— Jerome Powell

I had hoped that foreboding economic circumstances would have caused the ultra-rich to think not just of themselves and increasing their own personal affluence.…

— Jamie Johnson

I think you get people taking things to excess in all fields, doctors, lawyers - -it happens to all kinds of people.

— John Frusciante

Stock market corrections, although painful at the time, are actually a very healthy part of the whole mechanism, because there are always speculative excesses…

— Ron Chernow

I believe the only things that really matter in investing are the bubbles and the busts

— Jeremy Grantham

In every aspect of life, including the economic dimension, we are always challenged to do the right thing. In many cases in the market…

— Lee R. Raymond