“Fortune is like the market, where many times, if you can stay a little, the price will fall.”

—  Francis Bacon , book Essays

Of Delays
Essays (1625)

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "Fortune is like the market, where many times, if you can stay a little, the price will fall." by Francis Bacon?
Francis Bacon photo
Francis Bacon 295
English philosopher, statesman, scientist, jurist, and auth… 1561–1626

Related quotes

N. Gregory Mankiw photo

“A market is a group of buyers and sellers of a particular good or service. The buyers as a group determine the demand for the product, and the sellers as a group determine the supply of the product. Markets take many forms. Some markets are highly organized, such as the markets for many agricultural commodities. In these markets, buyers and sellers meet at a specific time and place, where an auctioneer helps set prices and arrange sales. More often, markets are less organized.”

N. Gregory Mankiw (1958) American economist

Source: Principles of Economics (1998-), Ch. 4. The Market Forces of Supply and Demand; p. 66

Ludwig von Mises photo

“Is precisely in market dealings that market prices are formed for all kinds of goods and services, which will be taken as the bases of calculation. Where there is no free market, there is no pricing mechanism; without a pricing mechanism, there is no economic calculation.”

Ludwig von Mises (1881–1973) austrian economist

“In the Treatise we are shown the bond-market as it exists in real life: a speculative market where a price, with an identity and a momentary stability, can only exist if there are two camps of dealers holding opposite views of the impending movement of bond prices.”

G. L. S. Shackle (1903–1992) British economist

Source: Epistemics and Economics. (1972), p. 162

Joan Robinson photo

“When a large part of the market for British textiles was in the colonies, a fall in the price of tea and cocoa caused unemployment in Lancashire.”

Joan Robinson (1903–1983) English economist

Source: Economic Heresies (1971), Chapter V, Nonmonetary Models, p. 67

“The current emphasis on price policy, as against price, as a proper object of study represents recent economic reflection on the significance of expectations, uncertainties, market control, and the position of price as one among many selling terms. Policy implies some degree of control over the course of events and, at the same time, the use of judgment as to the probable consequences of alternative lines of action. In perfect markets, whether monopolistic or competitive, price is hardly a matter of judgment and where there is no judgment there is no policy. The area of price policy, then, embraces the deliberative action of buyers and sellers able to influence price; that is to say, it covers practically the whole field of industrial prices.”

Edward S. Mason (1899–1992) American economist

Source: "Price and production policies of large-scale enterprise," 1939, p. 61

Alan Greenspan photo

“That said, there can be little doubt that exceptionally low interest rates on ten-year Treasury notes, and hence on home mortgages, have been a major factor in the recent surge of homebuilding and home turnover, and especially in the steep climb in home prices. Although a 'bubble' in home prices for the nation as a whole does not appear likely, there do appear to be, at a minimum, signs of froth in some local markets where home prices seem to have risen to unsustainable levels.”

Alan Greenspan (1926) 13th Chairman of the Federal Reserve in the United States

Greenspan on June 9, 2005 http://www.federalreserve.gov/boarddocs/testimony/2005/200506092/default.htm.
2000s

Alan Greenspan photo

“[There are] signs of froth in some local markets where home prices seem to have risen to unsustainable levels.”

Alan Greenspan (1926) 13th Chairman of the Federal Reserve in the United States

July 2005 http://www.startribune.com/nation/12598281.html, in testimony to the House Financial Services Committee.
2000s

Karl Polanyi photo

“Market economy implies a self-regulating system of markets; in slightly more technical terms, it is an economy directed by market prices and nothing but market prices.”

Karl Polanyi book The Great Transformation

The Great Transformation (1944), Ch. 4 : Societies and Economic Systems

Gudrun Ensslin photo

“Wonderful, I like cars, too, I like all the great things you can buy in a department store. But when you have to buy them in order to stay unaware, comatose, then the price you pay is too high.”

Gudrun Ensslin (1940–1977) German terrorist

Audiovisions: cinema and television as entr'actes in history By Siegfried Zielinski http://books.google.com/books?id=Rw5FzPcwaPkC&lpg=PA215&dq=gudrun%20ensslin&as_brr=1&pg=PA215#v=onepage&q=gudrun%20ensslin&f=false

Stephen Colbert photo

“it's back to school time. or as home-schoolers call it, stay-where-you-are time.”

Stephen Colbert (1964) American political satirist, writer, comedian, television host, and actor

Related topics