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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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August 30, 2013 – Quote of the Day

“The sentiment in the bond market now is basically fear and loathing. People have gone from “I don’t care about volatility, I want income” to “I don’t care about income, I don’t want volatility,” said Jeffrey Gundlach, CEO and CIO of bond manager DoubleLine.

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August 29, 2013 – Quote of the Day

“Anyone who has a yearend price target is a fool,” said Jack Bogle, founder of the Vanguard index funds.

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August 28, 2013 – Quote of the Day

“TARP was the most successful government program since it bought Alaska,” said Dick Bove, vice president of equity research at Rochdale Securities.

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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 […]

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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.

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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 […]

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