--- title: "Meaning & Key Takeaway of: Bubbles form when too many people expect…" description: "\"“Bubbles form when too many people expect values to go up forever. Bubbles burst when there are no longer enough excessively optimistic and ignorant fo..." image: "https://sms4smile.com/quotes/i/33a/glenn-harlan-reynolds-67833_bubbles_bubbles-form-when-too-many-people-expect_2644137.jpg" --- # Bubbles form when too many people expect values to go up… ![“Bubbles form when too many people expect values to go up forever. Bubbles burst when there are no longer enough excessively optimistic and ignorant folks to fuel them. And there are signs that this is beginning to happen already where education is concerned.” quote by Glenn Harlan Reynolds](https://sms4smile.com/quotes/i/33a/glenn-harlan-reynolds-67833_bubbles_bubbles-form-when-too-many-people-expect_2644137.jpg) [Download](https://sms4smile.com/quotes/i/33a/glenn-harlan-reynolds-67833_bubbles_bubbles-form-when-too-many-people-expect_2644137.jpg) [Open image](https://sms4smile.com/quotes/i/33a/glenn-harlan-reynolds-67833_bubbles_bubbles-form-when-too-many-people-expect_2644137.jpg) > ““Bubbles form when too many people expect values to go up forever. Bubbles burst when there are no longer enough excessively optimistic and ignorant folks to fuel them. And there are signs that this is beginning to happen already where education is concerned.”” [Glenn Harlan Reynolds](https://sms4smile.com/quotes/author/glenn-harlan-reynolds/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Economic bubbles form when optimism outpaces reality; they burst when optimism wanes, especially in education. **In simple terms:** Bubbles need from over‑optimism. Key Takeaway Watch for unsustainable expectations. Themes economics education speculation Mood analytical warning Type economic educational When to use this quote - investment decisions - policy making - curriculum design - parental expectations Key Concepts market cycles behavioral finance Questions to Reflect On - What signs indicate a bubble in education? - How can we balance optimism with realism? A Different Perspective Predicting bubble bursts is uncertain. ★ ★ ★ ★ ★ No ratings yet [Bubbles](https://sms4smile.com/quotes/about/bubbles/) [Bubbles Burst](https://sms4smile.com/quotes/about/bubbles-burst-2293392/) [Bubbles Form](https://sms4smile.com/quotes/about/bubbles-form-2293391/) [Burst Longer](https://sms4smile.com/quotes/about/burst-longer-2293393/) [Customer](https://sms4smile.com/quotes/about/customer/) [Forever Bubbles](https://sms4smile.com/quotes/about/forever-bubbles-2293394/) [Too many people](https://sms4smile.com/quotes/about/too-many-people/) ## Related quotes > [“Also at times, on the surface of streams, Water?bubbles form And grow and burst And have no meaning at all Except that they’re water?bubbles…](https://sms4smile.com/quotes/alberto-caeiro/also-at-times-on-the-surface-of-streams-water-bubbles-form-and-grow/) [Alberto Caeiro](https://sms4smile.com/quotes/author/alberto-caeiro/) > [You cannot have an asset that goes up in price 1% every month or 1% every six months or every day without people starting…](https://sms4smile.com/quotes/erik-voorhees/you-cannot-have-an-asset-that-goes-up-in-price-1-every-month-or-1/) [Erik Voorhees](https://sms4smile.com/quotes/author/erik-voorhees/) > [“He holds his glass up and turns to me as a single flake catches on the rim before melting down the one side into…](https://sms4smile.com/quotes/gloria-naylor/he-holds-his-glass-up-and-turns-to-me-as-a-single-flake-catches-on/) [Gloria Naylor](https://sms4smile.com/quotes/author/gloria-naylor/) > [“at the edge of the kingdom, where bubbles burst and the above place began.”](https://sms4smile.com/quotes/k-g-campbell/at-the-edge-of-the-kingdom-where-bubbles-burst-and-the-above-place/) [K.G. Campbell](https://sms4smile.com/quotes/author/k-g-campbell/) > [“If water is bombarded with intense sound waves, under the right conditions, then air bubbles can form which quickly contract and then suddenly disappear…](https://sms4smile.com/quotes/john-d-barrow/if-water-is-bombarded-with-intense-sound-waves-under-the-right/) [John D. Barrow](https://sms4smile.com/quotes/author/john-d-barrow/) > [We thought we completely understood bubbles when we were kids. But we didn't. Bubbles are these amazing things. It's just that people aren't paying…](https://sms4smile.com/quotes/tom-noddy/we-thought-we-completely-understood-bubbles-when-we-were-kids-but-we/) [Tom Noddy](https://sms4smile.com/quotes/author/tom-noddy/) > [This tennis world, this tennis community, is very much a bubble, and it's very easy to get lost in here. You know, there is…](https://sms4smile.com/quotes/johanna-konta/this-tennis-world-this-tennis-community-is-very-much-a-bubble-and-it/) [Johanna Konta](https://sms4smile.com/quotes/author/johanna-konta/) > [I think we have a bubble in the US in government bonds, because of the quantitative easing and the negative real interest rates, and…](https://sms4smile.com/quotes/peter-thiel/i-think-we-have-a-bubble-in-the-us-in-government-bonds-because-of-the/) [Peter Thiel](https://sms4smile.com/quotes/author/peter-thiel/) > [Oh honey, You're thirteen. You should be blowing bubbles, not guys.](https://sms4smile.com/quotes/author-name/oh-honey-you-re-thirteen-you-should-be-blowing-bubbles-not-guys/) [Author Name](https://sms4smile.com/quotes/author/author-name/) > [In 1985, the top five percent of the households - the wealthiest five percent - had net worth of $8 trillion - which is…](https://sms4smile.com/quotes/david-stockman/in-1985-the-top-five-percent-of-the-households-the-wealthiest-five/) [David Stockman](https://sms4smile.com/quotes/author/david-stockman/) > [“Forget your troubles! Try these bubbles! You can’t say nope to extraordinary soap!”](https://sms4smile.com/quotes/amber-mcree-turner/forget-your-troubles-try-these-bubbles-you-can-t-say-nope-to/) [Amber McRee Turner](https://sms4smile.com/quotes/author/amber-mcree-turner/) > [If I had my way, I would build a lethal chamber as big as the Crystal Palace, with a military band playing softly, and…](https://sms4smile.com/quotes/d-h-lawrence/if-i-had-my-way-i-would-build-a-lethal-chamber-as-big-as-the-crystal/) [D. H. Lawrence](https://sms4smile.com/quotes/author/d-h-lawrence/) > [When (the Reds) won, we loved it because we ran into the locker room and touched all the bats and gloves and got some…](https://sms4smile.com/quotes/ken-griffey-jr-2/when-the-reds-won-we-loved-it-because-we-ran-into-the-locker-room-and/) [Ken Griffey, Jr](https://sms4smile.com/quotes/author/ken-griffey-jr-2/) > [What I do, the teacher of the nagual, is open up the bubble of your luminosity and allow the luminous being to take short…](https://sms4smile.com/quotes/frederick-lenz/what-i-do-the-teacher-of-the-nagual-is-open-up-the-bubble-of-your/) [Frederick Lenz](https://sms4smile.com/quotes/author/frederick-lenz/) > [Medicine is magical and magical is art, the boy in the bubble, and the baby with the baboon heart.](https://sms4smile.com/quotes/paul-simon/medicine-is-magical-and-magical-is-art-the-boy-in-the-bubble-and-the/) [Paul Simon](https://sms4smile.com/quotes/author/paul-simon/) ## More by Glenn Harlan Reynolds > [“The higher education bubble isn’t bursting because of a shortage of money. It is bursting because of a shortage of value. The solution is…](https://sms4smile.com/quotes/glenn-harlan-reynolds/the-higher-education-bubble-isn-t-bursting-because-of-a-shortage-of/) [Glenn Harlan Reynolds](https://sms4smile.com/quotes/author/glenn-harlan-reynolds/) > [“No one disputes that college has gotten a lot more expensive. A recent Money magazine report notes, “After adjusting for financial aid, the amount…](https://sms4smile.com/quotes/glenn-harlan-reynolds/no-one-disputes-that-college-has-gotten-a-lot-more-expensive-a-recent/) [Glenn Harlan Reynolds](https://sms4smile.com/quotes/author/glenn-harlan-reynolds/) > [“So at the K-12 level, we’ve got an educational system that in many fundamental ways hasn’t changed in 100 years – except, of course,…](https://sms4smile.com/quotes/glenn-harlan-reynolds/so-at-the-k-12-level-we-ve-got-an-educational-system-that-in-many/) [Glenn Harlan Reynolds](https://sms4smile.com/quotes/author/glenn-harlan-reynolds/) [Explore all 4 Glenn Harlan Reynolds quotes ](https://sms4smile.com/quotes/author/glenn-harlan-reynolds/) ## More Bubbles quotes > [Medicine is magical and magical is art, the boy in the bubble, and the baby with the baboon heart.](https://sms4smile.com/quotes/paul-simon/medicine-is-magical-and-magical-is-art-the-boy-in-the-bubble-and-the/) [Paul Simon](https://sms4smile.com/quotes/author/paul-simon/) > [What I do, the teacher of the nagual, is open up the bubble of your luminosity and allow the luminous being to take short…](https://sms4smile.com/quotes/frederick-lenz/what-i-do-the-teacher-of-the-nagual-is-open-up-the-bubble-of-your/) [Frederick Lenz](https://sms4smile.com/quotes/author/frederick-lenz/) > [When (the Reds) won, we loved it because we ran into the locker room and touched all the bats and gloves and got some…](https://sms4smile.com/quotes/ken-griffey-jr-2/when-the-reds-won-we-loved-it-because-we-ran-into-the-locker-room-and/) [Ken Griffey, Jr](https://sms4smile.com/quotes/author/ken-griffey-jr-2/) > [If I had my way, I would build a lethal chamber as big as the Crystal Palace, with a military band playing softly, and…](https://sms4smile.com/quotes/d-h-lawrence/if-i-had-my-way-i-would-build-a-lethal-chamber-as-big-as-the-crystal/) [D. H. Lawrence](https://sms4smile.com/quotes/author/d-h-lawrence/) > [“Forget your troubles! Try these bubbles! You can’t say nope to extraordinary soap!”](https://sms4smile.com/quotes/amber-mcree-turner/forget-your-troubles-try-these-bubbles-you-can-t-say-nope-to/) [Amber McRee Turner](https://sms4smile.com/quotes/author/amber-mcree-turner/) > [In 1985, the top five percent of the households - the wealthiest five percent - had net worth of $8 trillion - which is…](https://sms4smile.com/quotes/david-stockman/in-1985-the-top-five-percent-of-the-households-the-wealthiest-five/) [David Stockman](https://sms4smile.com/quotes/author/david-stockman/) > [Oh honey, You're thirteen. You should be blowing bubbles, not guys.](https://sms4smile.com/quotes/author-name/oh-honey-you-re-thirteen-you-should-be-blowing-bubbles-not-guys/) [Author Name](https://sms4smile.com/quotes/author/author-name/) > [I think we have a bubble in the US in government bonds, because of the quantitative easing and the negative real interest rates, and…](https://sms4smile.com/quotes/peter-thiel/i-think-we-have-a-bubble-in-the-us-in-government-bonds-because-of-the/) [Peter Thiel](https://sms4smile.com/quotes/author/peter-thiel/) > [This tennis world, this tennis community, is very much a bubble, and it's very easy to get lost in here. You know, there is…](https://sms4smile.com/quotes/johanna-konta/this-tennis-world-this-tennis-community-is-very-much-a-bubble-and-it/) [Johanna Konta](https://sms4smile.com/quotes/author/johanna-konta/) > [We thought we completely understood bubbles when we were kids. But we didn't. Bubbles are these amazing things. It's just that people aren't paying…](https://sms4smile.com/quotes/tom-noddy/we-thought-we-completely-understood-bubbles-when-we-were-kids-but-we/) [Tom Noddy](https://sms4smile.com/quotes/author/tom-noddy/) > [Titles are tinsel, power a corrupter, glorya bubble, and excessive wealth a libel on its possessor.](https://sms4smile.com/quotes/percy-bysshe-shelley/titles-are-tinsel-power-a-corrupter-glorya-bubble-and-excessive/) [Percy Bysshe Shelley](https://sms4smile.com/quotes/author/percy-bysshe-shelley/) > [I don't even know what that means. People who get credit have to get it from somewhere. Does a credit bubble mean that people…](https://sms4smile.com/quotes/eugene-fama/i-don-t-even-know-what-that-means-people-who-get-credit-have-to-get/) [Eugene Fama](https://sms4smile.com/quotes/author/eugene-fama/) > [And people who do not know the Lord ask why in the world we waste our lives as missionaries. They forget that they too…](https://sms4smile.com/quotes/nate-saint/and-people-who-do-not-know-the-lord-ask-why-in-the-world-we-waste-our/) [Nate Saint](https://sms4smile.com/quotes/author/nate-saint/) > [Where the wave of moonlight glosses The dim gray sands with light, Far off by furthest Rosses We foot it all the night, Weaving…](https://sms4smile.com/quotes/william-butler-yeats/where-the-wave-of-moonlight-glosses-the-dim-gray-sands-with-light-far/) [William Butler Yeats](https://sms4smile.com/quotes/author/william-butler-yeats/) > [“That’s my darling little doggie. Bubbles by name, bubbles for brains. You’ve got to love him.”](https://sms4smile.com/quotes/j-l-merrow/that-s-my-darling-little-doggie-bubbles-by-name-bubbles-for-brains/) [J.L. Merrow](https://sms4smile.com/quotes/author/j-l-merrow/) [Browse all 821 Bubbles quotes ](https://sms4smile.com/quotes/about/bubbles/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "“Bubbles form when too many people expect values to go up forever. Bubbles burst when there are no longer enough excessively optimistic and ignorant folks to fuel them. 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