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Richard Thaler Quotes: Investors must keep in mind that there's a difference between a good company and a good stock. After all, you can buy a good car but pay too much for it.
         

Investors must keep in mind that there's a difference between a good company and a good stock. After all, you can buy a good car but pay too much for it.


Richard Thaler
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Other quotes of Richard Thaler


When an economist says the evidence is "mixed," he or she means that theory says one thing and data says the opposite.

When an economist says the evidence is "mixed," he or she means that theory says one thing and data says the opposite.



My mantra is if you want to help people accomplish some goal, make it easy.

My mantra is if you want to help people accomplish some goal, make it easy.



There's no reason to think that markets always drive people to what's good for them.

There's no reason to think that markets always drive people to what's good for them.



People exaggerate their own skills. they are optimistic about their prospects and overconfident about their guesses, including which managers to pick.

People exaggerate their own skills. they are optimistic about their prospects and overconfident about their guesses, including which managers to pick.



Recall that people like to do what most people think it is right to do; recall too that people like to do what most people actually do.

Recall that people like to do what most people think it is right to do; recall too that people like to do what most people actually do.



The lesson from behavioral economics is that people only save if it's automatic.

The lesson from behavioral economics is that people only save if it's automatic.



So, what's a nudge? A nudge is some small feature of the environment that attracts our attention and alters our behavior.

So, what's a nudge? A nudge is some small feature of the environment that attracts our attention and alters our behavior.



A good rule of thumb is to assume that everything matters.

A good rule of thumb is to assume that everything matters.



There are cases when I can make myself better off by restricting my future choices and commit myself to a specific course of action.

There are cases when I can make myself better off by restricting my future choices and commit myself to a specific course of action.



I think the people who've been the most overconfident in our business in the last decade have been the people that called themselves risk managers.

I think the people who've been the most overconfident in our business in the last decade have been the people that called themselves risk managers.





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Can you define "plan" as "a loose sequence of manifestly inadequate observations and conjectures, held together by panic, indecision, and ignorance"? If so, it was a very good plan.

Can you define "plan" as "a loose sequence of manifestly inadequate observations and conjectures, held together by panic, indecision, and ignorance"? If so, it was a very good plan.



Please do not become so hurt by life that when someone loving comes along, or something good happens, you resist allowing the love and joy in.

Please do not become so hurt by life that when someone loving comes along, or something good happens, you resist allowing the love and joy in.



Nobody can make you happy but yourself. Things occupy us, people occupy us, but they don't make us happy. If we are honest, what makes us happy is to experience spirit.

Nobody can make you happy but yourself. Things occupy us, people occupy us, but they don't make us happy. If we are honest, what makes us happy is to experience spirit.



The Golden Rule will always be good advice!

The Golden Rule will always be good advice!



A world that was crowded with people could still be a very lonely place.

A world that was crowded with people could still be a very lonely place.



Goku: But I'm so hungry, I have rigor mortis!

Goku: But I'm so hungry, I have rigor mortis!



We stand separate from the world because of our gifts. Never forget that, because you may be sure the world never will.

We stand separate from the world because of our gifts. Never forget that, because you may be sure the world never will.



The true meaning of a term is to be found by observing what a man does with it, not by what he says about it.

The true meaning of a term is to be found by observing what a man does with it, not by what he says about it.



The Syrian people, the Egyptian people, all say that something is changing. The Berlin Wall has fallen. We can see it.

The Syrian people, the Egyptian people, all say that something is changing. The Berlin Wall has fallen. We can see it.




Quote Description


This page presents the quote "Investors must keep in mind that there's a difference between a good company and a good stock. After all, you can buy a good car but pay too much for it.". Author of this quote is Richard Thaler. This quote is about investors, mind, pay, differences, too much, good company, car,.