“So emotional intelligence says no, that's incorrect. We used to see emotions as weak because when we think about feelings, we don't think about joy and contentment; we think about anger, anxiety, and depression. Most people think of those as bad feelings that we want to ignore, suppress, or deny.”
— Marc Brackett
Psychologist & Director of Yale Center for Emotional Intelligence

The quote archive

Business

A growing archive of 3,000+ moments, drawn from every interview.

This decade, their GDP will increase by about $12 trillion, i.e. they will create another one of themselves! More importantly, the share of consumption in this decade's growth will be bigger and this is where the big opportunity lies.

— Jim O’Neill

Economist who coined the term "BRICS" for emerging markets.

I think you'll see strong growth in the markets in developing economies like Brazil, India, China, Mexico, Malaysia, Singapore and places like that. In that sense, it will be a larger market- a growing pie- risk in that sense will be distributed more.

— Craig Donohue

Former CEO of CME Group, global derivatives exchange leader.

These markets will become a crucible for innovation and dynamic change. This will give more growth to derivative markets as we move forward.

— Craig Donohue

Former CEO of CME Group, global derivatives exchange leader.

If you look at the notional value of trading on our exchanges in any given year, they range from $600-700 trillion to a quadrillion dollars in total value. People can use these markets very effectively, not just for bona-fide risk hedging and transfer and risk management but also for asset allocation, portfolio management and trading strategies as well.

— Craig Donohue

Former CEO of CME Group, global derivatives exchange leader.

One of the things which is a really distinguishing factor about our markets in contrast to the OTC derivative market is that we're completely open, competitive and transparent with a very high degree of participation, a very high turnover, and a high degree of pre and post trade price transparency.

— Craig Donohue

Former CEO of CME Group, global derivatives exchange leader.

It's been a very difficult time, that's why we're here. We're here to preserve people's risk hedging and transfer needs.

— Craig Donohue

Former CEO of CME Group, global derivatives exchange leader.

In our paper we report an 86% accuracy in predicting the up and down movements in the Dow Jones three or four days out. The question is how you turn that into a money making strategy. It could be- for example- that you lose ALL your money in that other 14%!

— Johan Bollen

Unknown.

As an economy is declining, we see an increase in sell-side interest across all asset classes, as holders are looking to get liquidity and shore up their own balance sheets. As far as an up-economy, that's where we see buy-side interest as buyers get greater risk-tolerance.

— Jeremy Smith

The ability to bake your business over a longer period of time and become a stronger public company is therefore critical and is a driver for why they list with us.

— Jeremy Smith

Investors are always looking for something different, where they can get Alpha… where they can get diversification… where they can get non-correlation. It's not necessarily linked to them being 'US Assets' but more that they are unique assets regardless of domicile and they have not previously had access to them.

— Jeremy Smith

The public markets have slowly but surely become hostile to the small growth companies. Where the public markets used to serve any type of company, they are now only beneficial to companies in excess of a $1 billion market-cap. Sub $1 billion companies really don't have a place to turn for funding, growth and liquidity.

— Jeremy Smith

When you are a public company, you are all-but forced to think on a quarterly basis. That's how long people hold you on average, between 2-3 months is the average hold period for equity investors. It's therefore much more difficult to think in a long-term strategic way and increase value.

— Jeremy Smith

Much jitteriness in this recent crisis has come down to 'flying blind' – where investors and risk managers have been caught somewhat unaware, and do not have the visibility to make decisions with support.

— Author

People underestimate their personal probability of encountering negative events. It is not so much that individuals believe that negative events will not happen, but rather that these events are relatively unlikely to happen to them.

— Frank McKenna

Former Premier of New Brunswick & Canadian diplomat and businessman

Traditional index bond management gives higher index weightings to the most indebted countries, regardless of their capacity to service their debt. A country facing financial hardship and trapped in a debt spiral to remain solvent would see its index weight increase until the whole mechanism collapses.

— Bruder, Hereil & Roncalli

If you look for the next Steve Jobs or Richard Branson in developing economies, however, their businesses rarely make it out of the garage as they are missing three critical factors. They lack financial capital, qualified employees plus the knowledge and access to financial markets.

— William Foote

Unknown.