Any Quote by James O'Shaughnessy

Fear causes individuals to restrain their spending and firms to withhold investments; as a result, the economy weakens, confirming their fear and leading them…

— Robert J. Shiller

“The cycle of optimism and euphoria leading to greed, fear and capitulation, giving way to hope and building back to optimism, drives the expansion…

— Coreen T. Sol

History demonstrates that participants in financial markets are susceptible to waves of optimism. Excessive optimism shows the seeds of its own reversal in the…

— Alan Greenspan

Fear tends to manifest itself much more quickly than greed, so volatile markets tend to be on the downside. In up markets, volatility tends…

— Philip Roth

During periods of extreme fear or greed, you don't have the proper balance between those two to generate market efficiency and you get extremes…

— Andrew Lo

Fear and greed are probably the worst emotions to have in connection with the purchase and sale of stocks.

— Walter Schloss

Our whole Depression was brought on by gambling, not in the stock market alone but in expanding and borrowing and going in debt... all…

— Will Rogers

However, the economics of our business continued to deteriorate. We barely escaped bankruptcy a year ago, and in the aftermath of that escape we…

— Gerard Arpey

We are inheriting the worst financial system since the Depression. We're inheriting a situation - when people go back and study major banking crises…

— Lawrence Summers

Recession leads to depression, from our obsession, of what was once our possession

— Anonymous

However, optimism is highly valued, socially and in the market; people and firms reward the providers of dangerously misleading information more than they reward…

— Daniel Kahneman

The most fateful change that unfolded during the past three decades was not an increase in greed. It was the expansion of markets, and…

— Michael Sandel