Eugene Fama quote

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 go down, you will always find people who predicted that they would go down. Those are the people you pay attention to.
Eugene Fama
Eugene Fama
Eugene Fama
Born: Feb 14, 1939

Topics

You, People, Will, Pay, Pay Attention, Down, Think, Those, Would, Find, See, Prices, Bubbles, Attention, Particular, Look, Period, Hindsight, Always, Go, Up, Any, Where, Predicted, Then, Who, Things

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Related Authors

Alan Greenspan, Herbert A. Simon, John Kenneth Galbraith, Milton Friedman, Paul A. Volcker, Richard Thaler, Robert Reich, Thomas Sowell
The Fama Portfolio: Selected Papers of Eugene F. Fama
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