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The term bubble should indicate a price that no reasonable future outcome can justify.
Cliff Asness
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Cliff Asness
Age: 58
Born: 1966
Born: October 17
Economist
Hedge Fund Manager
Queens
New York
Clifford Asness
Clifford Scott Asness
Justify
Reasonable
Price
Term
Indicate
Future
Bubble
Bubbles
Outcome
Outcomes
More quotes by Cliff Asness
You’ve got to guess at worst cases: No model will tell you that. My rule of thumb is double the worst that you have ever seen.
Cliff Asness
The president's attempted diktat takes money from bondholders and gives it a labor union that delivers money and votes for him.... Shaking down lenders for the benefit of political donors is recycled corruption and the abuse of power.
Cliff Asness