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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
Future
Bubble
Bubbles
Outcome
Outcomes
Justify
Reasonable
Price
Term
Indicate

More quotes by Cliff Asness

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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
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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