Thomas Kaplan Quotes

The global financial crisis - missed by most analysts - shows that most forecasters are poor at pricing in economic/financial risks, let alone geopolitical ones.

To be sure, booms and busts will come and go. But their severity can vary dramatically based on the policies in place to prevent them. With stronger regulations, neither the housing and derivatives bubbles nor the eventual crash would have been so bad.

If you have faith in our leaders of commerce, don't buy gold. If you do not have faith in them, maybe you should buy gold or silver.

The lesson of 2008 is that ultimately our markets are driven by confidence.

Physical wealth has not necessarily been very secure.

In these times of uncertainty for paper-based currency, I feel more secure in holding gold.

Greece bankruptcy will trigger a market crash. My advice: Buy Bitcoin & Gold Both will rise when the markets crash.

To be sure, the provision of liquidity alone can by no means solve the problems of credit risk and credit losses; but it can reduce liquidity premiums, help restore the confidence of investors, and thus promote stability.

I think a lot of us feel, when we look at the Dow Jones plunging, alienated - you do feel as if we're in the grip of some alien force that slipped human control.

The price of a commodity will never go to zero. When you invest in commodities futures, you're not buying a piece of paper that says you own an intangible piece of company that can go bankrupt.

Investing in auto companies and ensuring a financial collapse didn't lead not from a recession to a great depression may not have been the most popular thing to do, but it was the right thing to do.

When the market goes to hell, it's more of an opportunity than a problem.

You know, the market was down yesterday... my first thought when I heard-just on a personal basis, when I heard there had been this attack and I saw the futures this morning, which were really in the tank, I thought, Time to buy.

If the Chinese bubble bursts one day, which inevitably will happen - maybe not tomorrow, maybe in three months, maybe in three years - when it happens, it will have devastating consequences for the global economy.

Nobody at CNBC owns gold. Nobody at Bloomberg owns gold. Gold is being constantly talked down by the media, and Fed officials, and economists, who also don't own any gold. They're all stocked up in equities.

You'd be safe to hold 5% of your assets and savings in gold and silver. Insurance for the future.

An attack on the scale of Sept. 11 would rock the markets and the economy.

In my view, Asian countries have learnt the lessons from the past and significantly enhanced their capabilities to fend off risks.

I think at a certain level compared - as was pointed out earlier, compared to what is happening in Europe, the United States still gets the safe-haven money. But underlying that, the United States is not the safe haven but perhaps the most dangerous place of all.

You could be worth $2 billion today and a half a billion tomorrow. It doesn't take much for this to disappear overnight.

But the world is ever more interdependent. Stock markets and economies rise and fall together. Confidence is the key to prosperity. Insecurity spreads like contagion. So people crave stability and order.

Speculation, in its broadest sense, is not an evil in itself, but the contrary, and relieves public distress far oftener than it creates it.

We do not want financial convulsions.

I don’t care a damn about stocks and bonds, but I don’t want to see them go down the first day I am President.

There will be no repetition of the break yesterday …. I have no fear of another comparable decline.