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June 3, 2013 – 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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May 31, 2013 – 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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May 30, 2013 – 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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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.”

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May 28, 2013 – 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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May 24, 2013 – 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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May 23, 2013 – Quote of the Day

“Outsourcing is quickly becoming mostly outdated as a business model,” said GE CEO, Jeffrey Immelt.

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May 22, 2013 – 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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May 21, 2013 – 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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May 20, 2013 – Quote of the Day

“Man, it feels more and more like 199 every day. Risk is being discounted tremendously,” said venture capitalist, Bill Gurley.

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May 17, 2013 – Quote of the Day

Everybody wants to go to Heaven, but nobody wants to die,” said former congressman Barney Frank about the difficult in achieving true tax reform.

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May 16, 2013 – 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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May 15, 2013 – 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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May 14, 2013 – Quote of the Day

“An analyst is someone who knows a lot about a few things, and learns more and more about less and less, until eventually, he knows everything about nothing,” said Howard Marks, chairman of Oaktree Capital Management, at the Las Vegas SkyBridge Alternative Asset Conference.

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May 13, 2013 – 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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