Quotessence
Home / Quotes / Quote by Robert F. Engle

Quote by Robert F. Engle

“You know, some of the portfolios we might consider buying are portfolios which would do especially well if we have an economy-wide, or I mean, a global climate change that impacts us very negatively there are some companies that will do well, and so it might make sense to hold some of those in your portfolio.”

Quote by Robert F. Engle

Author

Robert F. Engle
Robert F. Engle

Robert F. Engle is a renowned economist known for his contributions to time series analysis and financial economics. In the 1970s, he proposed the Autoregressive Conditional Heteroskedasticity (ARCH) model, which had a profound impact on the study of financial market volatility. more

You May Also Like

“Allowing short selling is allowing people to sell - instead of having to buy the stock and then sell it, which doesn't do much; allow them to sell it, and then buy it. In which case they can express that information and the idea is that you would get more accurate valuation of companies by letting people express both their positive information and their negative information through either long or short selling.”

“I think what we need is better understanding of how to do risk analysis of a CDO, but that they still can perform a very valuable function because they can aggregate these risks and pass them around so that mortgages or other kinds of loans can be packaged and sold to investors all over the world, who in most times, would justify a small amount of each one.”