Archive | Quote of the Day RSS feed for this section

April 3, 2014 – Quote of the Day

The F-22 stealth fighter program has had a long slide from its original proposal of 750 aircraft in 1986, to 187 today. Over 25 years, it has suffered almost as many cuts from as many hands as Julius Caesar had,” said former Secretary of Defense, Robert M. Gates.

Read full story Comments are closed

April 2, 2014 – Quote of the Day

“Over the long term, all of the fiat currencies of the world are involved in a competitive devaluation. The structural stresses in most of the western economies are such that centrals banks will attempt to continue to substitute liquidity for solvency.” said Rick Rule, chairman of Sprott US Holdings, a precious metals specialist.

Read full story Comments are closed

April 1, 2014 – Quote of the Day

“It is very important for President Obama to succeed,” said former President George W. Bush to Defense Secretary Robert M. Gates, three weeks after the inauguration.

Read full story Comments are closed

March 31, 2014 – 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, former co-chairman […]

Read full story Comments are closed

March 28, 2014 – Quote of the Day

“Guys that are short, they better have a shovel to dig themselves out of the grave,” said legendary hedge fund manager, David Tepper, of Appaloosa Management.

Read full story Comments are closed

March 27, 2014 – Quote of the Day

“Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone,” said the legendary economist, John Maynard Keynes, founder of the modern monetary system.

Read full story Comments are closed

March 26, 2014 – Quote of the Day

“I suspect no one in the world doubts this administration’s willingness to use force. But we should only use it as a last resort, not as a first step….We don’t do Pearl Harbors,” said former Secretary of Defense and CIA Chief Robert M. Gates.

Read full story Comments are closed

March 25, 2014 – Quote of the Day

“The three most harmful addictions are heroin, carbohydrates, and a monthly salary,” said Nassim Nicholas Taleb, author of Antifragile: Things That Gain from Disorder.”

Read full story Comments are closed

March 24, 2014 – Quote of the Day

“Interest rates are the physical gravity of financial assets. The lower they are, the higher assets will levitate,” said Anthony Scaramucci, the founder and managing partner of SkyBridge Capital, a leading hedge fund of funds.

Read full story Comments are closed

March 21, 2014 – Quote of the Day

“You have to be very careful giving up analogue dollars for digital pennies,” said Jeff Zuker, CEO of NBC.

Read full story Comments are closed

March 20, 2014 – Quote of the Day

“Outsourcing is quickly becoming mostly outdated as a business model,” said GE CEO, Jeffrey Immelt.

Read full story Comments are closed

March 19, 2014 – Quote of the Day

“We don’t want to go from Wild Turkey to cold turkey overnight,” said Richard Fisher, president of the Dallas Federal Reserve.

Read full story Comments are closed

March 18, 2014 – Quote of the Day

“It’s basically evil, and I don’t think it should ever be allowed to reach the size that it did. Why should everyone pay a small group of people to basically engage in legalized front running of our orders,” said Berkshire Hathaway Vice Chairman, Charlie Munger, about high frequency trading.  

Read full story Comments are closed

March 17, 2014 – Quote of the Day

“Man, it feels more and more like 1999 every day. Risk is being discounted tremendously,” said venture capitalist, Bill Gurley.

Read full story Comments are closed

March 14, 2014 – Quote of the Day

“The less prudent you find the actions of others, the more prudent you need to act yourself,” said oracle of Omaha, Warren Buffett.

Read full story Comments are closed