Quotes about volatility

A collection of quotes on the topic of volatility, way, making, thing.

Quotes about volatility

“In olden times gold was manufactured by science; nowadays science must be renewed by gold. We have fixed the volatile and we must now volatilize the fixed—in other words, we have materialized spirit, and we must now spiritualize matter.”

Eliphas Levi (1810–1875) French writer

Source: Transcendental Magic: Its Doctrine and Ritual

Science, Time

“A certain amount of volatility and drama can me healthy and keep things fun and interesting if you're willing at any moment during a fight to say, 'This means nothing. I love you, let's forget about it.”

Anthony Kiedis book Scar Tissue

Source: Scar Tissue

Love, Fight, Forgetting

“Because if we had gone to Baghdad we would have been all alone. There wouldn't have been anybody else with us. It would have been a U. S. occupation of Iraq. None of the Arab forces that were willing to fight with us in Kuwait were willing to invade Iraq. Once you got to Iraq and took it over and took down Saddam Hussein's government, then what are you going to put in its place? That's a very volatile part of the world. And if you take down the central government in Iraq, you could easily end up seeing pieces of Iraq fly off. Part of it the Syrians would like to have, the west. Part of eastern Iraq the Iranians would like to claim. Fought over for eight years. In the north, you've got the Kurds. And if the Kurds spin loose and join with Kurds in Turkey, then you threaten the territorial integrity of Turkey. It's a quagmire if you go that far and try to take over Iraq. The other thing is casualties. Everyone was impressed with the fact that we were able to do our job with as few casualties as we had, but for the 146 Americans killed in action and for the families it wasn't a cheap war. And the question for the president in terms of whether or not we went on to Baghdad and took additional casualties in an effort to get Saddam Hussein was, how many additional dead Americans is Saddam worth? And our judgment was not very many, and I think we got it right.”

Dick Cheney (1941) American politician and businessman

Cheney, on not pushing on to Baghdad during the first Gulf War; C-SPAN 4-15-94 Interview on CNN http://transcripts.cnn.com/TRANSCRIPTS/0708/13/sitroom.03.html <br class="br">1990s

War, World, Family, Question

“Everything which distinguishes man from the animals depends upon this ability to volatilize perceptual metaphors in a schema, and thus to dissolve an image into a concept.”

Friedrich Nietzsche (1844–1900) German philosopher, poet, composer, cultural critic, and classical philologist

On Truth and Lie in an Extra-Moral Sense (1873)
Context: Everything which distinguishes man from the animals depends upon this ability to volatilize perceptual metaphors in a schema, and thus to dissolve an image into a concept. For something is possible in the realm of these schemata which could never be achieved with the vivid first impressions: the construction of a pyramidal order according to castes and degrees, the creation of a new world of laws, privileges, subordinations, and clearly marked boundaries — a new world, one which now confronts that other vivid world of first impressions as more solid, more universal, better known, and more human than the immediately perceived world, and thus as the regulative and imperative world.

Animals, Dependency

“I have been uncompromising, peppery, intractable, monomaniacal, tactless, volatile, and oftentimes disagreeable… I suppose I'm larger than life.”

Bette Davis (1908–1989) film and television actress from the United States

Life

“Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty.”

Nassim Nicholas Taleb (1960) Lebanese-American essayist, scholar, statistician, former trader and risk analyst

Source: Antifragile: Things That Gain From Disorder

Love

“We have no future because our present is too volatile. We have only risk management. The spinning of the given moment's scenarios. Pattern recognition.”

William Gibson book Pattern Recognition

Source: Pattern Recognition

Future

“I feel something for you, some dangerous thing, some volatile thing.”

Nora Roberts (1950) American romance writer

Source: Genuine Lies

Feeling

“I look back over my shoulder and feel the presence of an intense young girl and then a volatile and disturbed young woman, both with high dreams and restless, romantic aspirations”

Kay Redfield Jamison (1946) American bipolar disorder researcher

Source: An Unquiet Mind: A Memoir of Moods and Madness

Dreams, Feeling, Girl

“I could do with a bit more excess. From now on I'm going to be immoderate--and volatile--I shall enjoy loud music and lurid poetry. I shall be rampant.”

Joanne Harris book Chocolat

Source: Chocolat

Music

“It takes patience to appreciate domestic bliss; volatile spirits prefer unhappiness.”

George Santayana (1863–1952) 20th-century Spanish-American philosopher associated with Pragmatism

Patience

“In today's volatile world, organizational design is an everyday, ongoing activity and challenge for every executive, whether managing a global enterprise or a small work team. Globalization, worldwide competition, deregulation, and ever-new technologies drive the ongoing reassessment of the organization. The executive response has been many new forms of organizational design: virtual, learning, modular, cellular, network, alliance, or spaghetti – to name a few. New organizational forms challenge old ways of organizing for efficiency and effectiveness. Yet fundamental design principles underlie any well-functioning organization. Organizations still require a formal design.”

Gerardine DeSanctis (1954–2005) American organizational theorist

Richard M. Burton ‎Børge Obel, ‎Gerardine DeSanctis (2011). Organizational Design: A Step-by-Step Approach. p. 3

World, Way, Learning

“Several implications follow from Hayek's insights into the nature of capitalism.(a) The claim "I deserve my pretax income" is not generally true. Nor should the basic organization of property rules be based on considerations of moral desert. Hence, claims about desert have no standing in deciding whether taxation for the purpose of funding social insurance is just.
(b) The claim that people rocked by the viccisitudes of the market, or poor people generally, are getting what they deserve is also not generally true. To moralize people's misfortunes in this way is both ignorant and mean. Capitalism continuously and randomly pulls the rug out from under even the most prudent and diligent people. It is in principle impossible for even the most prudent to forsee all the market turns that could undo them. (If it were possible, then efficient socialist planning would be possible, too. But it isn't.)
(c) Capitalist markets are highly dynamic and volatile. This means that at any one time, lots of people are going under. Often, the consequences of this would be catastrophic, absent concerted intervention to avert the outcomes generated by markets. For example, the economist Amartya Sen has documented that sudden shifts in people's incomes (which are often due to market volatility), and not absolute food shortages, are a principal cause of famine.
(d) The volatility of capitalist markets creates a profound and urgent need for insurance, over and above the insurance needs people would have under more stable (but stagnant) economic systems. This need is increased also by the fact that capitalism inspires a love of personal independence, and hence brings about the smaller ("nuclear") family forms that alone are compatible with it. We no longer belong to vast tribes and clans. This sharply reduces the ability of individuals under capitalism to pool risks within families, and limits the claims they can effectively make on nonhousehold (extended) family members for assistance. To avoid or at least ameliorate disaster and disruption, people need to pool the risks of capitalism.”

Elizabeth S. Anderson (1959) professor of philosophy and womens' studies

How Not to Complain About Taxes (III): "I deserve my pretax income" http://left2right.typepad.com/main/2005/01/how_not_to_comp_1.html (January 26, 2005)

Love, People, Family, Food

“Trump is a potential disaster as commander-in-chief—uninformed, volatile, poor judgment. Hard to believe this is the candidate of a major political party.”

Barry McCaffrey (1942) United States Army general

As quoted in "What Does the Military Think of Donald Trump?" https://www.yahoo.com/news/does-military-think-donald-trump-204408128.html (15 June 2016), Time

“As love without esteem is volatile and capricious; esteem without love is languid and cold.”

Jonathan Swift (1667–1745) Anglo-Irish satirist, essayist, and poet

John Hawkesworth, The Adventurer, No. 36 (10 March, 1753)
Misattributed

Love

“It is difficult to assess how much this gambling spirit is active in the minds of individual investors. If it is, even to a small degree, it is relevant to our discussion since it makes investors prone to imitation and herding because they invest on little information. It may also explain the anomalously large volatility of prices and their potential instabilities.”

Didier Sornette (1957) French scientist

Source: Why Stock Markets Crash - Critical Events in Complex Systems (2003), Chapter 4, Positive Feedbacks, p. 114.

Richard M. Burton (1939)

Richard M. Burton, ‎Børge Obel, ‎Gerardine DeSanctis (2011). Organizational Design: A Step-by-Step Approach. p. 3

World, Way, Learning

“Clearly, the broad effect of economic evolution until about 1920 was to increase the concentration of jobs in the cyclically volatile industries, and this was a major force tending to intensify declines of employment during business contractions. Since then, the continued progress of technology, the very factor which originally was mainly responsible for the concentration in the cyclical industries, has served to arrest this tendency. The upward trend of production in manufacturing and the other highly cyclical industries has remained rapid in recent decades.”

Arthur F. Burns (1904–1987) American economist and diplomat

Source: "Progress Towards Economic Stability", 1969, p. 109-110

Business

“Let's consider first Hayek's claim that prices in free market capitalism do not give people what they morally deserve. Hayek's deepest economic insight was that the basic function of free market prices is informational. Free market prices send signals to producers as to where their products are most in demand (and to consumers as to the opportunity costs of their options). They reflect the sum total of the inherently dispersed information about the supply and demand of millions of distinct individuals for each product. Free market prices give us our only access to this information, and then only in aggregate form. This is why centralized economic planning is doomed to failure: there is no way to collect individualized supply and demand information in a single mind or planning agency, to use as a basis for setting prices. Free markets alone can effectively respond to this information.
It's a short step from this core insight about prices to their failure to track any coherent notion of moral desert. Claims of desert are essentially backward-looking. They aim to reward people for virtuous conduct that they undertook in the past. Free market prices are essentially forward-looking. Current prices send signals to producers as to where the demand is now, not where the demand was when individual producers decided on their production plans. Capitalism is an inherently dynamic economic system. It responds rapidly to changes in tastes, to new sources of supply, to new substitutes for old products. This is one of capitalism's great virtues. But this responsiveness leads to volatile prices. Consequently, capitalism is constantly pulling the rug out from underneath even the most thoughtful, foresightful, and prudent production plans of individual agents. However virtuous they were, by whatever standard of virtue one can name, individuals cannot count on their virtue being rewarded in the free market. For the function of the market isn't to reward people for past good behavior. It's to direct them toward producing for current demand, regardless of what they did in the past.
This isn't to say that virtue makes no difference to what returns one may expect for one's productive contributions. The exercise of prudence and foresight in laying out one's production and investment plans, and diligence in carrying them out, generally improves one's odds. But sheer dumb luck is also, ineradicably, a prominent factor determining free market returns. And nobody deserves what comes to them by sheer luck.”

Elizabeth S. Anderson (1959) professor of philosophy and womens' studies

How Not to Complain About Taxes (III): "I deserve my pretax income" http://left2right.typepad.com/main/2005/01/how_not_to_comp_1.html (January 26, 2005)

People, Way, Behavior, Exercises

“The firm as a relatively durable organizational structure is able to deal with the lack of knowledge about the future fruits of research and development and innovation. Its relative internal stability means that it can carry unquantifiable risks which would be eschewed in the volatility of the market. In particular large firms are able to set up and sustain R&D departments with their own funds. It is widely recognized that atomized, small-scale private enterprise is not well able to make such long-term commitments.”

Geoffrey Hodgson (1946) British economist

Source: Economics and Institutions, 1988, p. 213

Knowledge, Future

“Globalization creates interlocking fragility, while reducing volatility and giving the appearance of stability. In other words it creates devastating Black Swans. We have never lived before under the threat of a global collapse. Financial Institutions have been merging into a smaller number of very large banks. Almost all banks are interrelated. So the financial ecology is swelling into gigantic, incestuous, bureaucratic banks — when one fails, they all fall. The increased concentration among banks seems to have the effect of making financial crisis less likely, but when they happen they are more global in scale and hit us very hard. We have moved from a diversified ecology of small banks, with varied lending policies, to a more homogeneous framework of firms that all resemble one another. True, we now have fewer failures, but when they occur… I shiver at the thought.”

Nassim Nicholas Taleb (1960) Lebanese-American essayist, scholar, statistician, former trader and risk analyst

Source: The Black Swan: The Impact of the Highly Improbable (2007), pp. 225-226

Failure, Appearance

“Markets are fundamentally volatile. No way around it. Your prolem is not in the math. There is no math to get you out of having to experience uncertainty.”

Ed Seykota (1946) American commodities trader

Source: Covel, Trend Following, page 59

Way

“Freedom and idiots make a volatile mix. And the sad truth is that the idiocy quotient in the general population is alarmingly high.”

Jack McDevitt (1935) American novelist, Short story writer

Source: Academy Series - Priscilla "Hutch" Hutchins, Odyssey (2006), Chapter 7 (p. 59)

Truth, Sadness, Freedom

“The juniper-scented liquor had volatilized his thoughts; he should be thinking that madness caused this man to call himself a king, but was thinking rather that kingship had driven this man mad.”

Ursula K. Le Guin Hainish Cycle

Source: Hainish Cycle, City of Illusions (1967), Chapter 5

Thinking, Madness

“[H]umans hate to admit error even as they stand there, black and smoldering, with the stub of a cigarette in one hand, in the middle of a wide crater containing them and the remains of a sign that once read 'DANGER: VOLATILE EXPLOSIVES”

James Nicoll (1961) Canadian fiction reviewer

[d8ceo5$gng$1@reader1.panix.com, 2005]
2000s

Hate, Error, Reading

“Maybe 100. As long as Americans are not being injured or harmed or wounded or killed, it's fine with me and I hope it would be fine with you if we maintain a presence in a very volatile part of the world where al-Qaeda is training, recruiting, equipping and motivating people every single day.”

John McCain (1936–2018) politician from the United States

When asked at a town hall meeting prior to the 2008 New Hampshire Primary about a Bush statement that U.S. troops could be in Iraq for 50 years. 3 January 2008 http://www.cnn.com/2008/POLITICS/02/14/mccain.king/index.html <br class="br">2000s, 2008

People, World, Hope, Motivation

“I think when something's over, events have a way of conspiring to make you realise that it's over. As cryptic as that sounds, it's true. Things would happen and I'd be like, Am I going to have to deal with this for the rest of my life? And it was a very, very emotional band. It's in the music. The relationship between me and Morrissey was very emotional. It wasn't volatile in that we would row or anything like that, but it was so intense that if rocked slightly it would be a big deal. Was the lack of a manager important? Massively, I think. I was nursemaiding people when I needed nursemaiding myself. And I couldn't see where we were going to go in the near future musically without repeating ourselves and not being as good.”

Johnny Marr (1963) musician

from "Trouble at Mill" by John Harris, Mojo (April 2001).

Life, People, Music, Way

“I remember well, that during the 2000 crisis in Labasa, the late Tui Labasa and I amongst a few other Vanua Levu chiefs were approached both by the Police and Military to intercede in the face off between the soldiers at Sukanaivalu Barracks. We accepted their request and invitation when they sought our assistance traditionally. We went and did what we were asked to do, which was to diffuse the volatility of the situation there in Labasa. I stand here today without any hesitation at all to say that had it not been for our positive contribution, Labasa would have been looted, burnt and soldiers would have been killed and probably maimed each other. Yet, when all was brought to normal, we were charged and convicted for offences, we were asked for assistance and in return went to prison for it.”

Naiqama Lalabalavu (1953) Fijian politician

Parliamentary speech, 17 November 2005 (excerpts)

“Less volatile stocks tend to have negative abnormal profits; more volatile stocks tend to have positive abnormal profits.”

Robert Haugen (1942–2013) American economist

Source: The Inefficient Stock Market - What Pays Off And Why (1999), Chapter 11, The Negative Payoff to Risk, p. 113

“For inspiration I look to those great players who consistently found original ways to shock their opponents. None did this better than the eighth world champion, Mikhail Tal. The "Magician of Riga" rose to become champion in 1960 at age twenty-three and became famous for his aggressive, volatile play.”

Garry Kasparov (1963) former chess world champion

Part I, Chapter 5, Talent, p. 60-61
2000s, How Life Imitates Chess (2007)

Age, World, Way

“Look at the material on which to draw. Here is the North, powerful, virile, aggressive, blended with the luxurious, ease-loving, more impetuous South. Again you have the merging of a cold phlegmatic temperament with one mercurial and volatile. Still again the union of great native mental strength, developed or undeveloped, with bodily vigor, but with inferior mind. See, too, what a vast number of environmental influences have been at work in social relations, in climate, in physical surroundings. Along with this we must observe the merging of the vicious with the good, the good with the good, the vicious with the vicious.”

Luther Burbank (1849–1926) American botanist, horticulturist and pioneer in agricultural science

p, 125
The Training of the Human Plant (1907)

Love, Drawing

“Bradshaw sighed and swallowed, feeling the volatile coldness in his throat and trying to remember what tequila tasted like. Pepper and turpentine, as far as he could recall.”

Tim Powers book Expiration Date

Source: Expiration Date (1995), Chapter 40 (p. 312)

Feeling

“I'm torn by two perspectives in this regard. One is that the Palestinians have no interest whatsoever in establishing peace, and that the pathway to peace is almost unthinkable to accomplish. […] And I look at the Palestinians not wanting to see peace anyway, for political purposes, committed to the destruction and elimination of Israel, and these thorny issues, and I say, "There's just no way." And so what you do is you say, "You move things along the best way you can." You hope for some degree of stability, but you recognize that this is going to remain an unsolved problem. We live with that in China and Taiwan. All right, we have a potentially volatile situation but we sort of live with it, and we kick the ball down the field and hope that ultimately, somehow, something will happen and resolve it.”

Mitt Romney (1947) American businessman and politician

on the
2012

Peace, Hope, Way, Problem

“Venerate four characters: the sanguine who has checked volatility and the rage for pleasure; the choleric who has subdued passion and pride; the phlegmatic emerged from indolence; and the melancholy who has dismissed avarice, suspicion and asperity.”

Johann Kaspar Lavater (1741–1801) Swiss poet

No. 609
Aphorisms on Man (c. 1788)

Pleasure, Rage, Passion

“The nature of the firmis not simply a minimizer of transaction costs, but a kind of protective enclave from the potentially volatile and sometimes destructive, ravaging speculation of a competitive market. In the market the rational calculus depends upon the fragile price conven- tion which can often depend on ‘whim or sentiment or chance’. Habits and traditions within the firm are necessarily more enduring because they embody skills and information which cannot always or easily be codified or made subject to a rational calculus. what the tlrm achieves is an institutionalization of these rules and routines within a durable organizational structure. In consequence they are given some degree of permanence and guarded to some extent from the mood waves of speculation in the market.”

Geoffrey Hodgson (1946) British economist

Source: Economics and Institutions, 1988, p. 208

Mood, Nature, Chance, Dependency

“What's interesting is that you can have a set that's very calm, very smooth, very cooperative…and end up with a terrible movie. And you can have a set that's really horrible as far as relationships and volatility, and come up with a great movie. Sometimes that energy gets infused into what ends up on film -- it's interesting in that way.”

Tobin Bell (1942) American actor

The Only Tobin Bell Interview You'll Ever Need http://movieline.com/2009/10/16/tobin-bell-interview/ (October 16, 2009)

Way

“Picasso has a volatile, explosive presence. He seems to take art back to an earlier function, before the centuries of museums and masterpieces; he is the artist as clown, as conjurer, as master funmaker.”

Pauline Kael (1919–2001) American film critic

"Le Mystère Picasso," p. 511.
5001 Nights at the Movies (1982)

Art

“As author in control of the plot I can choose and dictate the fall-out of events from any number of infinite possibilities -- which is a very volatile state of affairs, suggesting the ephemerality of fictional narrative. I can choose to have seven characters and kill six of them off in the first five minutes. I can have seventy characters and squash them under a fallen rock, make them copulate with beasts, sit them on the moon or turn their hair white. This casual condition of authorship is irresponsible.”

Peter Greenaway (1942) British film director

Watching Water

“But in the tweeting life of our president, strategy is difficult to detect. Influencing news cycles seems to be the principal goal; achieving short-term advantage, you bet. But ultimately, it's all noise and no signal. And in the absence of preparation and a well-considered strategy- especially when one is moving global chess pieces- volatile unpredictability is not a virtue. We have quite enough volatile actors to deal with internationally as it is without becoming one of them.”

Jeff Flake (1962) American politician

Source: Conscience of a Conservative (2017), p. 6

Life

“That most risky and volatile of all things—a self-pitying majority.”

Christopher Hitchens (1949–2011) British American author and journalist

"Appointment in Sarajevo" (1992).
1990s, For the Sake of Argument: Essays and Minority Reports (1993)

“I think we are moving into extremely volatile and dangerous times, as modern electronic technologies give mankind almost unlimited powers to play with its own psychopathology as a game.”

J. G. Ballard (1930–2009) British writer

"JG Ballard: Theatre of Cruelty" interview by Jean-Paul Coillard in Disturb ezine (1998)
Context: For the sake of my children and grandchildren, I hope that the human talent for self-destruction can be successfully controlled, or at least channelled into productive forms, but I doubt it. I think we are moving into extremely volatile and dangerous times, as modern electronic technologies give mankind almost unlimited powers to play with its own psychopathology as a game.

Game, Thinking, Time

“You start with where you are, not where you were or where you want to be. There are no utopias in the future or Gardens of Eden in our past. There is just now — in all its incoherent, groaning, volatile messiness. Our job, like everyone before us, is to keep our nerve and make the best of it.”

Andrew Sullivan (1963) Journalist, writer, blogger

The Reactionary Temptation (2017)
Context: You will not arrest the reactionary momentum by ignoring it or dismissing it entirely as a function of bigotry or stupidity. You’ll only defuse it by appreciating its insights and co-opting its appeal.
Reaction can be clarifying if it helps us better understand the huge challenges we now face. But reaction by itself cannot help us manage the world we live in today — which is the only place that matters. You start with where you are, not where you were or where you want to be. There are no utopias in the future or Gardens of Eden in our past. There is just now — in all its incoherent, groaning, volatile messiness. Our job, like everyone before us, is to keep our nerve and make the best of it.

Past, Future

“Putin firmly opposes U.S. policy toward Syria and the threat of force against Iran. But his opposition stems neither from anti-Americanism nor a desire to back the Iranian mullahs or Syria’s Bashar al-Assad in their struggles with the West. It is rooted in his obsession with stability. Helping Tehran secure a nuclear weapon and keeping Assad in Damascus are not Putin’s goals. But an Israeli or U.S. attack on Iran’s nuclear sites, and NATO or the United Nations intervening in Syria to forcibly remove Assad, would increase global volatility.”

Fiona Hill (presidential advisor) (1965) American policy adviser

Dealing With the Real Putin, By Fiona Hill and Clifford Gaddy, New York Times https://www.nytimes.com/2013/02/05/opinion/global/dealing-with-the-real-vladimir-putin.html (4 February 2013]

Help

“If any screen actress of recent times had ruled the film scene with the sway and swagger of a fabled queen it was surely Vyjayanthimala, the volatile, vibrant and the most gorgeous star of Hindi screen.”

Vyjayanthimala (1936) Indian actress, politician & dancer

In [Lipika, http://books.google.com/books?id=_wvlAAAAMAAJ, 1973, 26]

Star, Time

“Instead of rescuing the dirty industries of the last century, we should be boosting the clean ones that will lead us into safety in the coming century (Green New Deal). If there is one thing history teaches us, it's that moments of shock are profoundly volatile. We either lose a whole lot of ground, get fleeced by elites, and pay the price for decades, or we win progressive victories that seemed impossible just a few weeks earlier. This is no time to lose our nerve.”

Naomi Klein (1970) Canadian author and activist

Quoted in 'We Know This Script': Naomi Klein Warns of 'Coronavirus Capitalism' in New Video Detailing Battle Before Us https://www.commondreams.org/news/2020/03/17/we-know-script-naomi-klein-warns-coronavirus-capitalism-new-video-detailing-battle, by Jessica Corbett, Common Dreams, (17 March 2020)

Victory, History, Time

“Lynchings in the past have significantly shaped race relations in the present. A killing such as George Floyd’s lands on black people with a much heavier psychological weight because of lynching’s legacy. Too many white people fail to recognize this, and that needs to change. The hurt is too great, the simmering fear and anger too volatile, to bury forever. All Americans who would seek or demand a nation that is fairer to every citizen, less racist, and more peaceful have a responsibility to know this history in detail. … Confronting this ugliness would be difficult for everyone, of course, but it should be attempted. Ignorance and denial certainly have not worked, because this American wound still bleeds.”

Guy P. Harrison (1963) American skeptic author

Hurt, Peace, Anger, History

“Investing in infrastructure is key. If we can create a revenue base outside oil, we will be less exposed to the volatility of crude prices.”

Kemi Adeosun (1967) Nigerian accountant, investment banker and politician (born 1967)

Source: https://oxfordbusinessgroup.com/interview/greater-accountability-obg-talks-kemi-adeosun-minister-finance Kemi Adeosun interview with oxford business group.