> The other day on the radio there was a piece about Greenspan at some
> point saying something about "the markets are undervaluing risk." Whole
> thing made me think of the "irrational exuberance from a ways back.
> Wonder if there any other Greenspanisms floating around the ether to
> test the percentage of things he actually called correctly, albeit
> likely in overly abstruce language.
While not really a prediction of any kind, this has always been one of my favorite Greenspasms:
I've been able to string more words into fewer ideas than anybody I
know, and I'm continuing to do that.
-- Alan Greenspan to the Senate Budget Committee, Sept 23, 1998