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August 20, 2014 – Quote of the Day

“Everything is expensive now. Worries about the future can cause safe assets to become highly priced….I call it the “Titanic Effect.” When the Titanic was going down, people would pay a fortune for anything that floats. We may be in a Titanic situation now,” said my buddy, Nobel Prize winner Robert Shiller.

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August 19, 2014 – Quote of the Day

“Half of the global economy is in recession. Euroland is, Russia certainly is, and all of South America is. Add them all up, and North America is the only decent 2.5% growth area in the world. Rates are going down, not only because of the absence of global growth, but because inflation is very, very […]

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August 18, 2014 – Quote of the Day

“The government is now the biggest impediment to economic growth,” said my old friend, Steve Rattner, of the Quandrangle Group.

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August 15, 2014 – Quote of the Day

“If a cop follows you for 500 miles, you’re going to get a ticket,” said Oracle of Omaha Warren Buffet, in reference to Bank of America’s many legal problems.

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August 14, 2014 – Quote of the Day

“The Obamacare website, had technical issues all week because of too much web traffic. You can’t campaign on the fact that millions don’t have health care and then be surprised that millions don’t have health care. How could you not be ready? That’s like 1-800-FLOWERS getting caught off guard by Valentine’s Day,” said a comedian […]

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August 13, 2014 – Quote of the day

“Green technology is one of the best investment opportunities we’ve ever seen. We are used to seeing billion dollar market opportunities. Here, we’re seeing a trillion dollar opportunity.” said venture capitalist Steve Jurvetson.

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August 12, 2014 – Quote of the Day

“If they don’t screw things up in Washington, stocks here are undervalued. If they do, then stocks are overvalued,” said hedge fund manager, David Tepper, of Appaloosa Management.

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August 11, 2014 – Quote of the Day

“Confidence is like oxygen. You don’t notice until it’s gone, and then it’s the only thing you notice,” said Oracle of Omaha, Warren Buffet.

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August 8, 2014 – Quote of the Day

It amazes me how quickly amnesia sets in,” said Stephen Crawford, former co-president of Morgan Stanley, about the willingness of hedge funds to re-leverage positions in these conditions.

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August 7, 2014 – Quote of the Day

“There is no need to avoid temptation. As you get older, temptation prefers to avoid you,” said the wartime prime minister,” Winston Churchill.

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August 6, 2014 – Quote of the Day

“The liftoff date for the economy has been forward,” said president of the Dallas Federal Reserve, Richard Fisher.

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August 5, 2014 – Quote of the Day

“Investing now is like taking a shower while Norman Bates is somewhere in your house,” said Jim McTague, a journalist at Barrons.

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August 4, 2014 – Quote of the Day

“Freedom of the press is only true if you own a press,” said A.J. Liebling, a famed journalist for the New Yorker.

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August 1, 2014 – Quote of the Day

“Cream is not the only bovine product that rises to the top in a bull market,” said Roger McNamee, managing director of Elevation Partners.

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July 31, 2014 – Quote of the Day

“Some in the media have quoted me using a four letter word to dismiss the Correspondents’ dinner as a concern. I have not sought a correction,” said former Secretary of State and presidential contender, Hillary Clinton.

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