Archive | Quote of the Day RSS feed for this section

May 7, 2013 – Quote of the Day

“The private economy is OK here. It is absorbing these body blows from Washington. Housing and energy could offset the shenanigans coming out of there,” said Stephen Wood, CIO with Russell Investments Group.

Read full story Comments are closed

May 6, 2013 – Quote of the Day

“You cannot trust bankers to control themselves. They’re like heroin addicts,” said Berkshire Hathaway Vice Chairman, Charlie Munger.

Read full story Comments are closed

May 3, 2013 – Quote of the Day

“The investor in America sits at the bottom of the food chain,” said John C. Bogle, founder of the Vanguard Group of index funds.

Read full story Comments are closed

May 2, 2013 – Quote of the Day

“At some point in 2013, knuckles are going to be turning white, and we’ll see whatever rabbits Ben Bernanke is going to have to pull out of his hat,” said David Rosenberg of Gluskin, Sheff & Associates.

Read full story Comments are closed

May 29, 2013 – Quote of the Day

“When asked how he manages the time to be chairman of Microsoft, run the world’s largest charity, and raise three kids, Bill Gates answered “I don’t mow the lawn.”

Read full story Comments are closed

May 1, 2013 – Quote of the Day

“I think we’re headed towards VAT taxes. It’s only a question of how long it takes for them to wake up and figure it out. You can’t tax the wealthy enough to close the budget deficit we have,” said Leon Cooperman of hedge fund Omega Advisors.

Read full story Comments are closed

April 30, 2013 – Quote of the Day

“Bull markets go everywhere from 1-2 years to five years after the Fed begins tightening. We’ve got a long way to go before we have to worry about bonds competing against stocks,” said Professor Jeremy Siegel of the Wharton School of Business

Read full story Comments are closed

April 29, 2013 – Quote of the Day

“It’s very difficult to navigate a business through a paradigm shift. You must hard wire your system to second guess all the time, questioning what is next, and then what is next. You’ve got to retain optionality for both investment portfolios and the business your run to navigate this well,” said Mohamed El-Erian, co-chairman of […]

Read full story Comments are closed

April 26, 2013 – Quote of the Day

“Never go to a fight you are invited to,” said famed short player, Jim Chanos, of Kynikos Associates.

Read full story Comments are closed

April 25, 2013 – Quote of the Day

“It used to be that the big ate the small. Now it’s the fast that eat the slow,” said business guru, Jason Jennings.

Read full story Comments are closed

April 24, 2013 – Quote of the Day

“The market always gets it right,” said Jim O’Neill, the chairman of Goldman Sachs International, who coined the term “BRIC”.

Read full story Comments are closed

April 23, 2013 – Quote of the Day

“Japan has gone from Paul Volcker to Ben Bernanke overnight,” said legendary hedge fund manager, Stan Drukenmiller.

Read full story Comments are closed

April 22, 2013 – Quote of the Day

“There’s a lot of performance anxiety out there right now. There’s nothing worse than sitting on cash watching a market go up double digits,” said Tom Lee, chief US equity strategist of JP Morgan.

Read full story Comments are closed

April 19, 2013 – Quote of the Day

“If you are going to be bearish and against this market, you are betting against the three richest men on the earth, Bernanke, Draghi, and Kuroda,” said market strategist, Ed Yardeni.

Read full story Comments are closed

April 18, 2013 – Quote of the Day

I can tell you from talking to institutions that, after 13 years of having their hearts broken by the stock market, they are still leery of stocks even with the recent rally,” said Howard Marks, founder of distressed debt giant, Oaktree Capital Management.

Read full story Comments are closed