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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 14, 2013 – Quote of the Day

“When a manager with a reputation for brilliance takes a business with poor fundamental economics, it is the reputation of the business that remains intact,” said oracle of Omaha, Warrant Buffett.

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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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November 7, 2013 – Quote of the Day

We have been pretending that we’re too big to fail. We’re not too big to fail, you can jump off of a 90 story building and feel fine for the first 89 stories. It’s the sudden stop at the end that tells you you’re not.” said Tom Friedman, a New York Times columnist and author […]

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November 6, 2013 – Quote of the Day

“Wow! So Goldman Sachs thinks this the Tablet is going to sell. I have the perfect Tablet. It is made out of steel and is powered by coal,” said Zachary Karabell, President of River Twice Research.

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November 5, 2013 – Quote of the Day

“Everyone has got to re examine their theories here,” said Federal Reserve Bank of St. Louis president, James Bullard, about the failure of inflation to appear after five years of quantitative easing.

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November 4, 2013 – Quote of the Day

I played clarinet next to Stan Getz for years, and he became convinced that I was going to become an economist,” said Alan Greenspan, former chairman of the Federal Reserve.

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November 1, 2013 – Quote of the Day

“Those near 10% annualized yields in stocks and bonds are a thing of the past,” said Bill Gross, the managing direct and co-chief investment officer of the Newport Beach, CA based bond giant, PIMCO.

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October 31, 2013 – Quote of the Day

“I grew up trying to separate the emotion of the market from what reality is. Eventually, emotion is just a big sine wave that fluctuates around reality. Eventually, it will catch up,” said Lloyd Blankfein, CEO of Goldman Sachs.

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