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March 19, 2013 – Quote of the Day

“Stocks are a lot safer than investors realize,” said Tom Lee, chief US equity strategist of JP Morgan.

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March 18, 2013 – Quote of the Day

“Right now, by historical standards, stocks are significantly undervalued. “Irrational exuberance” is the last term I would use to characterize the market right now,” said former Federal Reserve chairman, Alan Greenspan.

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March 15, 2013 – Quote of the Day

“I figured it was just as easy to hear “no” from someone who’s wealthy as from someone who is not wealthy,” said Steve Lockshin of Convergent Wealth, the largest independent financial advisor in California, with $10.5 billion in assets.

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March 14, 2013 – Quote of the Day

“ Going to weddings and funerals is part of being a financial advisor,” said Theresa Chacopulos of Wells Fargo Private Banking, the top producing financial advisor in Arizona.

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March 13, 2013 – Quote of the Day

“Interest rates are to investments what gravity is to physics,” said Oracle of Omaha, Warren Buffett.

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March 12, 2013 – Quote of the Day

“China thinks strategically. We think reactively,” said Stephen Roach, former chairman of Morgan Stanley Asia, and my friend and former mentor.

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March 11, 2013 – Quote of the Day

“One must marvel at where the stock market is in relation to the rest of our world. With the economy in relation to the politics, it’s not a happy time. If you look at how they were viewing Obama just before the election, we’ve just walked through the raindrops in regards to the stock market […]

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March 8, 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.

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March 7, 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 Black Rock.

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March 6, 2013 – Quote of the Day

“The dumbest investment in my view is a long term government bond,” said Oracle of Omaha, Warren Buffett.

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March 5, 2013 – Quote of the Day

“All over the world, money managers are waiting for the signal that the Fed is going to end easing. I think everyone is on a hair trigger,” said oracle of Omaha, Warren Buffett.

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March 4, 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.

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March 1, 2013 – Quote of the Day

“Those who expect double digit returns going forwards are going to be severely disappointed,” said Bill Gross, CEO of bond giant, PIMCO.

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February 28, 2013 – Quote of the Day

“When former president, Jimmy Carter, once addressed a graduating class in Japan, they suddenly broke out into wild laughter. He later insisted that the interpreter tell him what he said. After much prodding, he confessed “I said the president has just told a joke, and you must laugh.”

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February 27, 2013 – Quote of the Day

‘Total credit market debt in the world has gone from $80 trillion to $200 trillion in the last ten years, an 11% annual rate, while GDP has grown by 4%. This can’t continue. It’s a simple matter of arithmetic,’ said Kyle Bass, of hedge fund Hayman Partners.

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