Volatility Quotes

In January 2013, one could buy a Bitcoin for about $13. By late November, one Bitcoin would have set a buyer back over $1100.

Short term volatility is greatest at turning points and diminishes as a trend becomes established

Decided only to be undecided, resolved to be irresolute, adamant for drift, solid for fluidity.

Politically, [Latin] America is the same as it is physically: the land of the earthquakes.

Bitcoin is a swarm of cyber hornets serving the goddess of wisdom, feeding on the fire of truth, exponentially growing ever smarter, faster, and stronger behind a wall of encrypted energy.

When you’re highly leveraged, everything is exaggerated. Good times are better—but bad times are much worse.

I was late to understand that chaos and intensity are no subsitute for lasting love, nor are they necessarily an improvement on real life. Normal people are not always boring. On the contrary. Volatility and passion, although often more romantic and enticing, are not intrinsically preferable to a steadiness of experience and feeling about another person.

The only certainty is uncertainty

That's the nature of this business. Something that took ten years to make can crumble in an instant. It could be snatched away from you at any moment.

Failure is no more fatal than success is permanent.

The boisterous sea of liberty is never without a wave.

The future is unpredictable.

Everything can change at any moment, suddenly and forever.

Briefly speaking, our conclusion is that stochastic volatility does not make a huge difference as far as the pricing is concerned if you get the average volatility right. It makes a big difference as far as hedging is concerned.

When you combine ignorance and leverage, you get some pretty interesting results.

I know I'm incredibly unpredictable, and that's the only thing I'm sure of.

Forty-eight hours is a long time in politics

Cold one day, sweet the next; irresistibly flirty one moment, resistibly obnoxious the next.

Although we deal with probabilities and expectations, the actual results can deviate substantially from such expectations, particularly on a short-term basis.

There is little room for complacency, and it is important to guard against sporadic volatility in financial markets.

Human affairs are governed by such a variety of whimsical circumstances, that we should always be prepared to stand the shock of that disappointment which the best concerted measures are constantly subject to.

There is nothing so subject to the inconstancy of fortune as war.

In politics the future is never a straight line projection of the present.

A week is a long time in politics. A month is an eternity.

You know, people talk about this being an uncertain time. You know, all time is uncertain. I mean, it was uncertain back in - in 2007, we just didn't know it was uncertain. It was - uncertain on September 10th, 2001. It was uncertain on October 18th, 1987, you just didn't know it.