Maurizio Cattelan Quotes

When the weather changes, nobody believes the laws of physics have changed. Similarly, I don't believe that when the stock market goes into terrible gyrations its rules have changed.

Once in a blue moon, an entire industry is a good short.

The financial markets generally are unpredictable. So that one has to have different scenarios... The idea that you can actually predict what's going to happen contradicts my way of looking at the market.

Having spent 10 years studying emerging markets, I know that you have patterns repeated over and over again. A bubble is like a fire which needs oxygen to continue... when you see there is no oxygen, things change.

Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.

One of the most constant aspects of American life is change - and nowhere is it more evident than in our financial markets.

Main Street investors, who cannot trade credit default swaps, should not be tempted to trade an instrument with the same risk profile simply because it has been given a different name.

Secular cycles are the long periods - as long as decades - that come to define each market era. These cycles alternate between long-term bull and bear markets.

A second reason why science cannot replace judgement is the behavior of financial markets.

The trouble is that the average trader on Wall Street, he or she is so young, he doesn't even remember the recession of 2001, let alone the previous one.

You have a class of investors and you have a class of speculators. The speculators historically haven't been big enough to cause the investors to doubt the long-term vision of stock.

Volatility may be rising simply because investors must digest more information every day.

Predicting the market is always tough.

I don't know where the stock market is going, but I will say this, that if it continues higher, this will do more to stimulate the economy than anything we've been talking about today or anything anybody else was talking about.

I always found the appeal to the market gods a bit odd. Why would the market fix mistakes instead of aggravating them?

You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets.

What turned me on then, and turns me on even today - and when the time comes from me to retire from management I think I'd still be interested in it - is that everything that happens in the world affects the price of securities.

I don’t know why the Stock Market does what it does.

The markets do numbers, not nuance.

Wall Street indexes predicted nine out of the last five recessions.

Anyone who says he is an expert in the market is lying to you. There is no such thing.

Markets are unforgiving, and sometimes they move for reasons we can't possibly foresee.

I want the market to work if it can, and most of the time it will, but not without some pain.

Remember that banks aren't markets. The market is amoral. The market doesn't care who you are. You're a trade to the market. The market will sell you if they think you're riskier.

Nothing ever surprises me about the market.