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August 6, 2013 – Quote of the Day

If you can get a dividend higher than the yield on ten-year debt, it’s an opportunity we haven’t seen in our lifetime. On a five-year horizon, investing in large multinationals with high dividends will have a large payday,” said Lawrence Fink, CEO of BlackRock.

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August 5, 2013 – Quote of the Day

“People think that Treasury bonds are riskless, but a 100 basis point rise in interest rates leads to an 18% capital loss,” said Andrew Neale, a portfolio manager at Fogel Neale Partners.

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August 2, 2013 – Quote of the Day

“The farther backward you can look, the farther forward you can see,” said Britain’s combative WWII Prime Minister, Winston Churchill.

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August 1, 2013 – Quote of the Day

“Cream is not the only bovine product that rises to the top in a bull market,” said Roger McNamee, managing director of Elevation Partners.

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July 31, 2013 – Quote of the Day

“If we had not entered the war in Iraq, the war in Afghanistan would be over by now,” said Richard Engle, NBC News’ chief foreign correspondent, who spent five year in the country.

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July 30, 2013 – Quote of the Day

“If you can’t make yourself loved, make yourself feared,” said Meyer Amschel Rothschild, founder of the banking dynasty.

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July 29, 2013 – Quote of the Day

“You are either looking out five days or five years in this market. You’re either a surfer or a yacht. There are no small boats anymore,” said Bob Iaccino, a trader at Yourtrading room.com.

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July 26, 2013 – Quote of the Day

“Economists make astrologists look respectable,” said the late Harvard professor, John Kenneth Galbraith.

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July 25, 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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July 24, 2013 – Quote of the Day

“The Fed only knows two speeds; too fast, and too slow,” said Nobel Prize winning economist Milton Friedman to me over lunch one day.

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July 23, 2013 – Quote of the Day

“I enjoy issuing Berkshire stock as much as I relish preparing for a colonoscopy” said Oracle of Omaha Warren Buffet of Berkshire Hathaway (BRK/A).

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July 22, 2013 – Quote of the Day

“Who knew the blockbuster this year would be a horror show,” said Tony Crescenzi, market strategist and portfolio manager at bond giant, PIMCO.

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July 19, 2013 – Quote of the Day

“Average” is officially over”, said columnist, Tom Freidman, of the New York Times.

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July 18, 2013 – Quote of the Day

“Take 200 round trips to Australia, and you really start to rack up the miles,” said Tom Stoker an automotive sales analyst who just surpassed 10 million frequent flier points on United Airlines. It makes my own 1 million miles seem puny by comparison.

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July 17, 2013 – Quote of the Day

“It’s a bit like looking for gold in a minefield,” said Fidelity International’s China Special Situation Fund manager, Anthony Bolton, amid widespread accounting fraud in the country.

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