Archive | Quote of the Day RSS feed for this section

August 27, 2013 – Quote of the Day

“The stupid market cliché about catching a falling knife is actually happening now. This is a falling knife. You have to look at the market as a hot air balloon. You only want to grab it as it is going up. I don’t think dollar cost averaging is the plan here,” said Bob Iaccino at […]

Read full story Comments are closed

August 26, 2013 – Quote of the Day

“Why has government been instituted at all? Because the passions of man will not conform to the dictates of reason and justice without constraint,” said America’s first Treasury Secretary, Alexander Hamilton.

Read full story Comments are closed

August 23, 2013 – Quote of the Day

“The next time we have a global economic crisis it will be much worse than in 2008. There will be money printing and war. The whole system will collapse. You don’t want to own government bonds and cash. Equities don’t do well, but at least you still have the ownership of companies. Precious metals do […]

Read full story Comments are closed

August 22, 2013 – Quote of the Day

“The Fed can print dollars, but it can’t print confidence,” said David Bianco, chief equity strategist at Bank of America Merrill Lynch.

Read full story Comments are closed

August 21, 2013 – Quote of the Day

“This is about how long grandpa will work and grandma will live,” said CNBC commentator Steve Leesman about the debt crisis.

Read full story Comments are closed

August 20, 2013 – Quote of the Day

“We’re all just one trade away from humility, Bud,” said a stockbroker in the classic film, Wall Street.

Read full story Comments are closed

August 19, 2013 – Quote of the Day

“The bond market in Europe will be facing episodic crisis for the next ten years,” said Bob Browne, CIO at North Trust.

Read full story Comments are closed

August 16, 2013 – Quote of the Day

“Lacking standards, managements are tempted to shoot the arrow of performance, and then paint the bull’s eye around wherever it lands,” ” said “Oracle of Omaha”, Warren Buffet, CEO and the largest shareholder in Berkshire Hathaway.

Read full story Comments are closed

August 15, 2013 – Quote of the Day

“A house can be a nightmare if the buyer’s eyes are bigger than his wallet and if a lender –often protected by a government guarantee—facilitates his fantasy,” said Warren Buffet.

Read full story Comments are closed

August 14, 2013 – Quote of the Day

“Bankers will get away with whatever they can get away with…Our banking system is socially useless,” said an oversight body in the United Kingdom.

Read full story Comments are closed

August 13, 2013 – Quote of the Day

“Money will always flow towards opportunity, and there is an abundance of that in America….America’s best days lie ahead” said “Oracle of Omaha”, Warren Buffet, CEO and the largest shareholder in Berkshire Hathaway.

Read full story Comments are closed

August 12, 2013 – Quote of the Day

“Liquidity is not a financial term, it is a psychological term,” said former Federal Reserve governor Alan Greenspan.

Read full story Comments are closed

August 9, 2013 – Quote of the Day

“Banks have turned into gigantic gambling institutions. You never know what you own. I wouldn’t touch them if you pointed a gun to my head,” said legendary hedge fund manager Bill Fleckenstein on Hedge Fund Radio.

Read full story Comments are closed

August 8, 2013 – Quote of the Day

“Unfortunately, the guys who regulate are always regulating last year’s game,” said Mario Gabelli, CEO of Gabelli Asset Management.

Read full story Comments are closed

August 7, 2013 – Quote of the Day

“There is one peculiarity about mass psychology in that when you are in a bubble, you can’t see it. Bubbles are invisible when you are inside the bubble,” said the charming Jim Dines, of The Dines Letter.

Read full story Comments are closed