“I was convinced that the trading frequency measured a fundamental hear...” — Robert F. Engle Quote

“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.”

“There are some risks we choose to take because the benefits from taking them exceed the possible costs. Optimal behavior takes risks that are worthwhile. This is the central paradigm of finance: we must take risks to achieve rewards, but not all risks are equally rewarded.”

“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.”

“When the sun is sending more energy to earth in one hour than the entire world consumes in a year, any political play to undermine our ability to harness this energy effectively and efficiently is clearly not economical but it's also unethical.”

“'The Office' is clearly the funniest show on TV. But I can't live without watching 'Eureka.' It's my favorite show of all time, and I watch it constantly on my iPod.”

“I am clearly vulnerable to these more passionate and volatile unstable relationships. I am trying to not be so vulnerable.”