I mean I'm not smarter than the market, but I can recognize a good tape and a bad tape. I recognize when it's right and when it's wrong and that's what my strength is.
I recognized that information was, in many respects, like a public good, and it was this insight that made it clear to me that it was unlikely that the private market would provide efficient resource allocations whenever information was endogenous.
I don't mind what the market is, but why is it vapid? If they're such a bunch of idiots, why don't you show them good music instead? They're not going to know the difference.
So in Asia I want to make - I want to succeed to make a model of what success, practicing democracy, and market economy. Then that will give a good influence over Asian countries.
The stability of global financial markets is a public good. If governments fail to protect this public good, then those who suffer are the working people of the world whose jobs, whose homes, and whose standard of living depends on it.
Over the years, I have realized that there's more to a film's fate than just good acting and a solid script. It needs to be marketed well. It's the package that sells - the songs, action, actors, etc.
Remember that all financial markets are filled with good but not necessarily innocent people looking after their own self-interests before they look after yours.
The weekend brought good news for our friends in the cattle industry. At long last, Japan has taken the steps needed for American beef to make its way back into the Japanese market.
The new social question is: democracy or the rule of the financial markets. We are currently witnessing the end of an era. The neoliberal ideology has failed worldwide. The U.S. movement Occupy Wall Street is a good example of this.
The advantage of the free market system is that people invest their capital, they create jobs by investing their capital, and hopefully they get a return on that investment. I don't think there's anything wrong with good old American capitalism.
Even if you have $20,000 to buy an item, you still try to get a good price at antique stores. I collect furniture, rugs, paintings, frames. It's my hobby to go around to shops and markets.
There were a lot of times where there was a great deal of fodder recorded and played, because there was a market for it - just as there is today. And there were more bad bands than there were good bands - I think that should always be remembered.
People forget that although we can pinpoint the price, we can only guess at future earnings. The past isn't much help: It simply tells whether a market was pricey or cheap.
I've found that when the market's going down and you buy funds wisely, at some point in the future you will be happy. You won't get there by reading 'Now is the time to buy.'
When I became an entrepreneur, I had the knowledge to develop and manage budgets, market products and review legal contracts.
In terms of personalities - I don't care about the personalities, I want leadership that's in favor of my principles: free markets, adherence to the Constitution, and equal treatment for everyone under the law.
Most marketers think there's a concept called a product life cycle. Once you realize that the world is organized by jobs that need to be done, you understand that product life cycles don't exist.
A society that has made 'nostalgia' a marketable commodity on the cultural exchange quickly repudiates the suggestion that life in the past was in any important way better than life today.
To have survived in radio for 30 years is pretty remarkable. Even more remarkable is to have been able to do it in the same market I've lived in my whole life.
Mainly, the more faddish and newer stages of life are really just marketing schemes. Tweenhood. The young old. The quarter-life crisis.
Religious ritual is a way of structuring time so that we, not employers, the market or the media, are in control. Life needs its pauses, its chapter breaks, if the soul is to have space to breathe.
