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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.

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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.

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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.

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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.”

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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.

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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.

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March 20, 2014 – Quote of the Day

“Outsourcing is quickly becoming mostly outdated as a business model,” said GE CEO, Jeffrey Immelt.

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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.

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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.  

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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.

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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.

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March 13, 2014 – Quote of the Day

“Everything begins and ends with quantitative easing”, said Jeffrey Gundlach, the CEO of hedge fund Doubleline Capital, and the new bond king.

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March 12, 2014 – Quote of the Day

“Transparency is a good idea. Like my shower door, it lets in the light, but keeps out the flies,” said former Federal Reserve governor, Bob McTeer.  

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March 11, 2014 – Quote of the Day

“I don’t know who spends more, Democrats or Republicans, but Democrats seem to enjoy it more,” said former Federal Reserve governor, Bob McTeer.

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May 10, 2014 – Quote of the Day

“Bonds are priced artificially because you’ve got some guy buying tens of billions of dollars worth a month. That will change at some point, and when it does, people are going to lose a lot of money,” said oracle of Omaha, Warren Buffett.

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