“Never go to a fight you are invited to,” said famed short player, Jim Chanos, of Kynikos Associates.
“It used to be that the big ate the small. Now it’s the fast that eat the slow,” said business guru, Jason Jennings.
“The market always gets it right,” said Jim O’Neill, the chairman of Goldman Sachs International, who coined the term “BRIC”.
“Japan has gone from Paul Volcker to Ben Bernanke overnight,” said legendary hedge fund manager, Stan Drukenmiller.
“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.
“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.
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.
“Asking if Hillary Clinton is going to run for president in 2016 is like asking if John Dillinger is going to rob a bank,” said conservative commentator, Mike Murphy.
“Taxes are what we pay for a civilized society,” said Oliver Wendell Holmes, a Supreme Court justice servicing at the time of the enactment of the tax code in 1913. The slogan is inscribed in huge letters on the face of the IRS headquarters in Washington DC.
“It’s never a pretty hand off when you go from the growth crowd to the value crowd. The baton always seems to get dropped,” said Kevin Landis of First Hand Capital Management, about this year’s share price action in Apple.
“When you look at the size of the US work force over the next 30 years, it is going to increase by 30%. That compares to Japan, where it is going to be shrinking, Europe, where it is contracting, and even China, where it turns down. The idea that the baby boomers are going to [...]
There are three things that kill bull markets, interest rates, inflation, and valuation, and none of those are prevalent as we sit here. Equity markets are discounting too pessimistic of a future,” said Jeff Mortimer, Director of Investment Strategy, BNY Mellon Wealth Management.
“Nobody knew it was August, 1982 until it was August, 1984,” said Chris Verone, head of technical analysis at research boutique Strategas.
“Give me a trillion dollars, and I’ll show you a good time too. I’m somewhat skeptical, because I know it’s going to end badly,” said hedge fund legend, Jim Rogers.
“Thinking is the hardest work there is, which is probably why so few engage in it,” said entrepreneur Henry Ford.
- May 17, 2013 May 17, 2013
- An Evening With Congressman Barney Frank May 17, 2013
- The Most Functional Word in the English Language May 17, 2013
- An Evening With Nobel Prize Winner Michael Spence May 17, 2013
- May 17, 2013 – Quote of the Day May 17, 2013
- Follow Up to Trade Alert – (GLD) May 16, 2013 May 16, 2013
- Trade Alert – (GLD) May 16, 2013 May 16, 2013
- May 16, 2013 May 16, 2013
- On the Tesla Melt Up May 16, 2013
- May 16, 2013 – Quote of the Day May 16, 2013
- SOLD OUT! San Francisco November 4th Strategy Luncheon October 25, 2011
- My 2012-13 Stock Market Forecast. October 31, 2012
- Last Chance to Come Join Me for the Paris Strategy Luncheon – July 17, 2012 July 15, 2012
- Will Gold Coins Suffer the Fate of the $10,000 Bill? November 25, 2011
- My Personal Leading Economic Indicator November 25, 2011
- SOLD OUT! December 27 Chicago Strategy Luncheon December 22, 2011
- An Evening With the Chinese Intelligence Service December 25, 2011
- Take a Look at Occidental Petroleum (OXY) December 26, 2011
- Another Nail in the Euro Coffin January 16, 2012
- Sold Out! Las Vegas January 27, 2012 Strategy Luncheon January 23, 2012