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September 23, 2013 – Quote of the Day

“The barriers to Wall Street are quite low, once you have the Ivy League credentials. If you’re a certain kind of kid who doesn’t actually know anything about anything, Wall Street is still a great place to go,” said Michael Lewis, author of “The Big Short.”

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September 20,2013 – Quote of the Day

“This is very bullish for markets. It’s bullish for markets intermediate term. Before, I thought we were in the seventh inning of a four-year bull market. Two waiters just came in and delivered another punch bowl. We’re going into extra innings, baby,” Said Stanley Druckenmiller of hedge fund Duquesne Capital Management, about the Fed’s decision […]

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September 19, 2013 – Quote of the Day

“AIG was regulated by the Office of Thrift Supervision, which I abolished. Actually, instead of abolishing it, I wanted to change the name to the Office of Fig Leaf Dispensation,” said former chairman of the House Financial Services Committee, Barney Frank.

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September 18, 2013 – Quote of the Day

“Successful investing is about people agreeing with you…later” said Jim Grant of Grants Interest Rate Observer.

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September 17, 2013 – Quote of the Day

“The economy without debt is like major league baseball without steroids,” said Jack Ablin, chief investment officer of BMO Private Bank.

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September 16, 2013 – Quote of the Day

There are many companies in the US that are running out of time because of leverage. There is still $1 trillion in distressed or defaulted debt. Any company that could refinance has already done so. For all those companies that couldn’t refinance, they’re going to be hitting a wall this year or next year,” said […]

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September 13, 2013 – Quote of the Day

“Investing is the only endeavor in which victory goes to the minority,” said the great economist, John Maynard Keynes.

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September 12, 2013 – Quote of the Day

“If there were no way to short stocks, the probability of stock market bubbles would be much greater,” said hedge fund manager, Bill Ackman, of Pershing Square.

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September 11, 2013 – Quote of the Day

“A big part of good investing is to buy uncertainty and sell complacency,” said Robert Luna, CEO of SureVest Capital Management.

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September 10, 2013 – Quote of the Day

“Few people think more than two or three times a year; I have made an international reputation for myself by thinking once or twice a week,” said the Irish Nobel Prize winning playwright and cofounder of the London School of Economics, George Bernard Shaw.

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September 9, 2013 – Quote of the Day

“The circulation of confidence is better than the circulation of money,” said president James Madison, America’s fourth president.

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September 6, 2013 – Quote of the Day

“Something is going to be passed by the congress. The only question is, will it happen before, or after a bond market crisis. There’s no alternative,” said Dr. Alan Greenspan, former chairman of the Federal Reserve.

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September 5, 2013 – Quote of the Day

“Tesla (TSLA) is running faster than everyone else, so it’s hard to see how others can close the gap. I think the market smells this,” said Colin Rusch of Northland Capital Markets, and early investor in the Tesla IPO.

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September 4, 2013 – Quote of the Day

“No one is line dancing over the fact that the market is at 1,630. No one feels good about it. The market likes to climb a wall of worry, and the mason has been hard at work. So I think we continue to grind higher,” said Jason Trennert, chief investment strategist at Strategas Research Partners.

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September 3, 2013 – Quote of the Day

“I served seven years as the chair of the Princeton Economic Department where I had responsibility for major policy decisions, such as whether to serve bagels or doughnuts at the department coffee hour, said chairman of the Federal Reserve, Ben Bernanke.

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