Quotes About Efficient Markets

#1. If we don't like rent control, we ought to oppose it on political and social grounds - and not just by arguing that, thanks to smartphones and social networks, we can create new, more efficient markets for matching short-term renters with tenants.

Evgeny Morozov

#2. Although efficient markets people still go around saying there is a "mountain" of evidence supporting their hypothesis, the truth of the matter is that it's a very old mountain that's now eroding rapidly into the sea.

Robert Haugen

#3. What's so seductive about the efficient markets hypothesis is that it applies nine years out of ten. A lot of the time it works. But when it stops working, you blow up.

Niall Ferguson

#4. The defender of the dogmas of modern finance and efficient markets started a fund that took advantage of market inefficiencies! It is as if the Pope converted to Islam.

Nassim Nicholas Taleb

#5. Seven habits that help produce the anything-but-efficient markets that rule the world.
1. Think short term.
2. Be greedy.
3. Believe in the greater fool
4. Run with the herd.
5. Overgeneralize
6. Be trendy
7. Play with other people's money

Paul Krugman

#6. I don't entirely reject the idea of efficient markets. It needs updating.

Andrew Lo

#7. The only reason free markets have a ghost of a chance is that they are so much more efficient than any other form of organization.

Milton Friedman

#8. Know and believe in yourself and what others think won't disturb you.

William Feather

#9. I was going to Studio 54 when I was 12 years old. It's true. It's crazy.

James Gray

#10. Not exclusively, but the bulk of our local economy should be covered by local currencies, which is more efficient than having global currencies which lose connection with reality in the markets, shops and communities of the people.

David Korten

#11. Our purpose, as we face these challenges, remains clear - fair and orderly markets that allow for efficient capital formation, while protecting the interests of investors.

Arthur Levitt

#12. Capitalism has taught us that markets are always more efficient than hierarchical managerial coordination. But in a situation where those three conditions aren't met, I can't outsource or partner with you because markets don't function in the absence of sufficient information.

Clayton Christensen

#13. Usury lives in the pores of production, as it were, just as the gods of Epicurus lived in the space between the worlds.

Karl Marx

#14. Markets look a lot less efficient from the banks of the Hudsonthan the banks of the Charles.

Fischer Black

#15. Your normal Wall Street big-swinging Richard has enough of a lingering moral compass to at least tell himself that his wizardry benefits somebody or something besides himself. You know, his cleverness makes capital markets more efficient. It provides credit to productive enterprise. Whatever.

Tina Brown

#16. Christopher Nolan's 'Batman Begins' set the bar very high for the superhero movie, as it showed that you could get a great cast for these movies and take a real filmmaker's perspective.

Jon Favreau

#17. I'm very careful about saying who would and wouldn't go to heaven. I don't know.

Joel Osteen

#18. Let me give you this pleasure. I want nothing more than to see you come apart.

Katie Ashley

#19. I don't think it's always good to read lots of poetry.

Amber Tamblyn

#20. You can try and read my lyrics off of this paper before I lay 'em
But you won't take the sting out these words before I say 'em

Eminem

#21. But now you have another problem. Keeping him from exploding like a live granade and blitzing all of us." He started walking down the hall. "I've already had a little taste of that and I'm not willing to stand for it again. I'm patient, I'm not a martyr. Fix it Eve.

Iris Johansen

#22. Markets are nimble and efficient, gathering the collective but disbursed intelligence of the economy's players and communicating up-to-the-minute realities of prices, product availability, etc. Government is typically cumbersome, plodding, and slow.

Joel Miller

#23. Under the tenets of behavioral finance, markets are not always efficient. It is human behavior that moves markets and not the universal information shared by market participants.

Gary Antonacci

#24. This business is about working. It's really not about glamour. For me, the most glamorous thing about it is to b able to get on stage and perform my music for people. That's the privilege. And that's what all the work leads up to, and that's why it's worth it to me.

Debbie Gibson

#25. I have noticed that everyone who has ever tried to tell me that markets are efficient is poor.

Larry Hite

#26. Promises. I was drowning in promises.

Richelle Mead

#27. I actually don't care about his movies that much. I just want to twang that thong like a big elastic band.

Valerie Bertinelli

#28. I think markets will never be efficient because of human nature.

Seth Klarman

#29. More and more investors may be coming into markets everywhere but that doesn't mean that the markets are really getting more and more efficient, even in the United States. It does mean that there is more access for savvy investors who watch the money flows.

Andrew Lo

#30. I have great, great confidence in our capital markets and in our financial institutions. Our financial institutions, banks and investment banks, are strong. Our capital markets are resilient. They're efficient. They're flexible.

Henry Paulson

#31. Tom" softly over the coach-roof.
"Hallo", Joe."
"Did you hear the message?"
"I did, Joe."
"What did you make of it, Tom?"
"Nothing at all, Joe."
"That's a coincidence, too" the guard mused, "for I made the same of it myself.

Charles Dickens

#32. An amazing thing, the human brain. Capable of understanding incredibly complex and intricate concepts. Yet at times unable to recognize the obvious and simple.

Jay Abraham

#33. I'm from Berkeley, California, so I'm fully trained in socialism and all, but basically what they teach you there is markets are efficient and we can't beat them, so we might as well index.

Louis Navellier

#34. Value investing is predicated on the efficient market hypothesis being wrong.

Seth Klarman

#35. The efficient market theory is one of the better models in the sense that it can be taken as true for every purpose I can think of. For investment purposes, there are very few investors that shouldn't behave as if markets are totally efficient.

Eugene Fama

#36. Financial markets need to become less, not more, efficient.

Ha-Joon Chang

#37. You know what term you don't hear anymore? Arbitrage. The markets have gotten too efficient.

Nelson Peltz