These rumors do not circulate in all directions, but essentially from the top to the bottom of society. The rather sophisticated presentations, the apparently serious references that seem to justify their origins, and their distinguished proponents provide food for amplifications serving diverse interests and psychological biases in all layers of society.

— Didier Sornette Why Stock Markets Crash - Critical Events in Complex Systems (2003)

More quotes by Didier Sornette

Why Stock Markets Crash - Critical Events in Complex Systems (2003)

Why Stock Markets Crash - Critical Events in Complex Systems (2003)

Why Stock Markets Crash - Critical Events in Complex Systems (2003)

Why Stock Markets Crash - Critical Events in Complex Systems (2003)

Why Stock Markets Crash - Critical Events in Complex Systems (2003)

Quote text and notes from Wikiquote: Didier Sornette (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.