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December 3, 2013 – Quote of the Day

Steve Jobs offered me one third of Apple for $50,000 and I was so smart that I turned it down. It’s funny when you think about it now, except when I’m crying,” said Nolan Bushnell, the founder of game company Atari and Jobs’ first employer.

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December 2, 2013 – Quote of the Day

“You know the Iran deal is a bad one when the French turn down a six way,” said comedian Stephen Colbert of the Colbert Report.

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November 27, 2013 – Quote of the Day

“2014 will be the fifth year of living dangerously,” said Ed Yardeni of Yardeni Research.

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November 26, 2013 – Quote of the Day

“I think we’re in the middle of the game, maybe the fourth or fifth inning. I really think this thing has another five years to go. It’s going to take that long before people become confident enough and they start becoming confident enough and blowing themselves up again,” said John Paulson of Wells Capital Management.

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November 25, 2013 – Quote of the Day

“For the investor who has a strategically allocated portfolio, who are three to five years away from needing their capital, should think of selling the beloved and buying the loathed,” said JJ Burns of JJ Burns and company.

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November 22, 2013 – Quote of the Day

“Housing in terms of price has put in a real bottom. I’m not looking for a housing bull market. We are in the second phase of a housing bear market. But the good news is that we can correct the rest of the way back to the long term trend through time, rather than price […]

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November 21, 2013 – Quote of the Day

“I looked all over the basement when I was at the White House, and there is no big lever you can throw to make things good again,” said Austin Goolsby, former chairman of the Council of Economic Advisors.

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November 20, 2013 – Quote of the Day

“The days of leading companies or countries via a one-way conversation are over. The old system of ‘command and control’ – using carrots and sticks –to exert power over people is fast being replaced by ‘connect and collaborate’.” said author Dov Seidman.

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November 19, 2013 – Quote of the Day

“America’s colleges and universities churn out lots of liberal arts graduates….By and large, the economy doesn’t need all these generals. We’re not training enough scientists and engineers. The high schools used to churn out enough people with technical skills in the fifties and sixties, but not so today. It’s cheaper just to prepare everyone to […]

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November 18, 2013 – Quote of the Day

“A high stock price is somewhat distracting,” said Tesla CEO, Elon Musk.

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November 15, 2013 – Quote of the Day

“A strong recovery will ultimately enable the Fed to reduce its monetary accommodation and reliance on unconventional policy tools such as asset purchases,” said my friend, Federal Reserve governor nominee, Janet Yellen.

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November 13, 2013 – Quote of the Day

“It always sounds smarter to be bearish than bullish,” said Ron Baron, CEO of Baron Capital Group.

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November 12, 2013 – Quote of the Day

“A bubble is a bull market in which you don’t have a long position,” said one market commentator.

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November 11, 2013 – Quote of the Day

“20 years ago I could read the Wall Street Journal every morning and feel that I knew enough to at least start my day. That is no longer true,” said technology guru and venture capital investor, Roger McNamee

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November 8, 2013 – Quote of the Day

“If you’ve lived long enough on Wall Street, you know that we shoot our wounded and eat our young,” said Brad Hintz, an analyst with Sandford Bernstein.

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