Robert F. Engle quotes

Robert F. Engle is an American economist known for his pioneering work in the field of time series econometrics. His development of the ARCH model has had a major impact on financial market analysis and risk management. He was awarded the Nobel Prize in Economics for his contributions to the understanding of volatility in financial markets. Here are 6 of his quotes:

I was convinced that the trading frequency measured a fundamental heartbeat of financial markets. Clearly it reflected the flow of information. It turns out also to be closely related to measures of liquidity.

Robert F. Engle

The Nobel Prize in Economics is an incredible recognition for the work that my students, colleagues and I have done over the years. We all worked hard, but we were also lucky that the financial applications were so important.

Robert F. Engle

Why not put a tax on carbon emissions. It would raise a lot of money, it would reduce the environmental damages in the future, it would solve so many problems, and it would be a much more constructive thing to do than to think about raising the income tax.

Robert F. Engle

Risk managers and investment bankers and actually, all kinds of investors took on more risk than they expected. So there was a failure of risk management. There was a failure to recognize how much risk there was in some of these securities that people bought.

Robert F. Engle

Well if you've got information about a company, or you believe that a company is undervalued, you can go out and buy their stock and you can make some profit on it.

Robert F. Engle