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Richard Thaler Quotes: Why tie to gold? Why not 1982 Bordeaux?
         

Why tie to gold? Why not 1982 Bordeaux?


Richard Thaler
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"Richard Thaler Quotes." Quoteslyfe.com, 2024. Sun. 22 Dec. 2024. <https://www.quoteslyfe.com/quote/Why-tie-to-gold-Why-not-1982-997893>.





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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.



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.



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.





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I always try to start my weekend by running on the beach, which is great fun here in Barcelona.

I always try to start my weekend by running on the beach, which is great fun here in Barcelona.



If there's one big thing you can take from Amy Poehler as a performer, it's committing, full on.

If there's one big thing you can take from Amy Poehler as a performer, it's committing, full on.



Tom doesn't have any principles, or if he does, he puts them aside whenever they're inconvenient. The truth hurts, doesn't it, Tom?

Tom doesn't have any principles, or if he does, he puts them aside whenever they're inconvenient. The truth hurts, doesn't it, Tom?



I don't kind of want to be known as a one-trick pony who just does the adult-alternative song once a year that makes it onto the radio and people sort of think it's nice.

I don't kind of want to be known as a one-trick pony who just does the adult-alternative song once a year that makes it onto the radio and people sort of think it's nice.



TV is shifting into the background of just being another appliance; it’s just a bigger screen.

TV is shifting into the background of just being another appliance; it’s just a bigger screen.



It would seem that in history it's never a tooth for a tooth, but a thousand, a hundred thousand for one.

It would seem that in history it's never a tooth for a tooth, but a thousand, a hundred thousand for one.



Don't lose the wonder in your eyes It's right there when you smile... If we go back, for a while Let me go back, for a while To that magic time

Don't lose the wonder in your eyes It's right there when you smile... If we go back, for a while Let me go back, for a while To that magic time




Quote Description


This page presents the quote "Why tie to gold? Why not 1982 Bordeaux?". Author of this quote is Richard Thaler. This quote is about money, bordeaux, gold, why not, ties,.