Markets Can Remain Irrational Quotes

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Markets can remain irrational longer than you can remain solvent.
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John Maynard Keynes
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The market can remain irrational longer than you can remain solvent.
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Anonymous
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Markets can remain irrational a lot longer than you and I can remain solvent.
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A. Gary Shilling
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Markets can remain irrational longer than you can remain solvent. β€”JOHN MAYNARD KEYNES
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Roger Lowenstein (When Genius Failed: The Rise and Fall of Long-Term Capital Management)
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But they must bear in mind what John Maynard Keynes is reputed to have said: β€œThe market can remain irrational longer than you can remain solvent.
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Howard Marks (Mastering The Market Cycle: Getting the Odds on Your Side)
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Markets can remain irrational longer than you can remain solvent.
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Roger Lowenstein (When Genius Failed: The Rise and Fall of Long-Term Capital Management)
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Markets can remain irrational a lot longer than you and I can remain solvent.
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John Maynard Keynes
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As Keynes said, the market can remain irrational longer than you can remain solvent.
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Edward O. Thorp (A Man for All Markets: From Las Vegas to Wall Street, How I Beat the Dealer and the Market)
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The market can remain irrational longer than you can remain solvent.
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Howard Marks (The Most Important Thing: Uncommon Sense for the Thoughtful Investor (Columbia Business School Publishing))
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Though we recognize distinct cultural differences across time and place, the commonalities warrant our attention. To think about how these ancient commonalities need to be differentiated from our modern ways of thinking, we can use the metaphor of a cultural river, where the currents represent ideas and conventional ways of thinking. Among the currents in our modern cultural context we would find fundamentals such as rights, privacy, freedom, capitalism, consumerism, democracy, individualism, globalism, social media, market economy, scientific naturalism, an expanding universe, empiricism, and natural laws, just to name a few. As familiar as these are to us, such ways of thinking were unknown in the ancient world. Conversely, the ancient cultural river had among their shared ideas currents that are totally foreign to us. Included in the list we would find fundamental concepts such as community identity, the comprehensive and ubiquitous control of the gods, the role of kingship, divination, the centrality of the temple, the mediatory role of images, and the reality of the spirit world and magic. It is not easy for us to grasp their shape or rationale, and we often find their expression in texts impenetrable. In today’s world people may find that they dislike some of the currents in our cultural river and wish to resist them. Such resistance is not easy, but even when we might occasionally succeed, we are still in the cultural riverβ€”even though we may be swimming upstream rather than floating comfortably on the currents. This was also true in the ancient world. When we read the Old Testament, we may find reason to believe that the Israelites were supposed to resist some of the currents in their cultural river. Be that as it may (and the nuances are not always easy to work with), they remain in that ancient cultural river. We dare not allow ourselves to think that just because the Israelites believed themselves to be distinctive among their neighbors that they thought in the terms of our cultural river (including the dimensions of our theology). We need to read the Old Testament in the context of its own cultural river. We cannot afford to read instinctively because that only results in reading the text through our own cultural lenses. No one reads the Bible free of cultural bias, but we seek to replace our cultural lenses with theirs. Sometimes the best we can do is recognize that we have cultural lenses and try to take them off even if we cannot reconstruct ancient lenses. When we consider similarities and differences between the ancient cultural river and our own, we must be alert to the dangers of maintaining an elevated view of our own superiority or sophistication as a contrast to the naΓ―vetΓ© or primitiveness of others. Identification of differences should not imply ancient inferiority. Our rationality may not be their rationality, but that does not mean that they were irrational. Their ways of thinking should not be thought of as primitive or prehistorical. We seek to understand their texts and culture, not to make value judgments on them.
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John H. Walton (Ancient Near Eastern Thought and the Old Testament: Introducing the Conceptual World of the Hebrew Bible)
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John Maynard Keynes: "Markets can remain irrational longer than you can remain solvent.
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Matthew R. Kratter (A Beginner's Guide to the Stock Market)
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Or the convergence of price and intrinsic value can take more time than you have; as John Maynard Keynes pointed out, β€œThe market can remain irrational longer than you can remain solvent.
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Howard Marks (The Most Important Thing: Uncommon Sense for the Thoughtful Investor (Columbia Business School Publishing))