Easy money Quote by Howard Marks

For us, whether the market is skewed from a bubble perspective or not really is mitigated by staying focused on what we do best.

— David Sze

“set your own rules and stick to them; never argue with the market; never make a play you can’t afford; never give way to…

— Jesse Lauriston Livermore

“Eternity for bubbles proves at last a senseless bargain.”

— William Cowper

The term bubble should indicate a price that no reasonable future outcome can justify.

— Cliff Asness

“In a bubble, people demonstrate some sort of cult-like behavior. They defend their positions, not by economic logic, but by force. They do this…

— Naved Abdali

Asset bubbles have happened even without not-so-easy money. And, in a depressed economy, where alternative uses of money are not great, people are going…

— Paul Krugman

Don't you know that there's another bubble as well An expectations bubble. Bigger houses private planes yachts … stupid salaries and bonuses. People come…

— Edward Rutherfurd

“Even when the underlying motive of purchase is mere speculative greed, human nature desires to conceal this unlovely impulse behind a screen of apparent…

— Benjamin Graham

“Don't you know there's another bubble as well? An expectations bubble. Bigger houses, private planes, yachts... stupid salaries and bonuses. People come to desire…

— Edward Rutherfurd

I think bubbles are things people see with 20/20 hindsight. If you look at any particular period where prices go up and then they…

— Eugene Fama

“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

“The sillier the market’s behavior, the greater the opportunity for the businesslike investor.”

— David Andrews