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October 23, 2013 – 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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October 22, 2013 – 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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October 21, 2013 – 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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October 18, 2013 – Quote of the Day

“The process for the investor to move out the risk curve is not complete,” said Leon Cooperman, the legendary hedge fund manager at Omega Advisors, who is projecting modestly positive returns for stocks in 2014.

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October 17, 2013 – Quote of the Day

“They closed the circus, but they’re still paying the clowns. What’s going on in Washington is disgraceful,” said Leon Cooperman, the legendary hedge fund manager at Omega Advisors.

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October 16, 2013 – Quote of the Day

“When your opponent is in trouble and drowning politically, you throw them a fire hose. We threw them a lifeboat and a machine gun. On a tactical basis this is an incredibly stupid move,” said Republican strategist, Mike Murphy.

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October 15, 2013 – 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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October 14, 2013 – Quote of the Day

“Seek the truth, and let the chips fall where they may,” Said White House Correspondent, Helen Thomas, about her profession, adding “I’m a cynic with hope.”

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October 11, 2013 – 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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October 10, 2013 – 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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October 9, 2013 – 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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October 8, 2013 – 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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October 7, 2013 – Quote of the Day

“Revenues stink in the banking area. This decade will be the worst for revenue growth since the Great Depression,” said Mike Mayo, the controversial banking analyst at the Asian broker and research house, CLSA.

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October 4, 2013 – Quote of the Day

“To get rich is glorious!” said Deng Xiaoping, the Chinese general who launched the country’s modern economy in the seventies.

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October 3, 2013 – Quote of the Day

“I’m so done with the Fed,” said exasperated CNBC market commentator, Maria Bartiromo.

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