Archive | Quote of the Day RSS feed for this section

June 18, 2013 – Quote of the Day

“Chance favors the prepared,” said the great French chemist Louis Pasteur.

Read full story Comments are closed

June 17, 2013 – Quote of the Day

“The art of taxation consists of so plucking the goose as to obtain the largest amount of feathers with the smallest amount of hissing,” said Jean-Baptist Colbert, a 17th century French minister of Finance.

Read full story Comments are closed

June 14, 2013 – Quote of the Day

I don’t like listening to the ratings agencies. It’s like talking to someone standing next to the smoking hulk of your house and listening to him tell you that your house burned down,” said Scott Nations of NationShares.

Read full story Comments are closed

June 13, 2013 – Quote of the Day

When you develop your opinions on the basis of weak evidence, you will have difficulty interpreting subsequent information that contradicts these opinions, even if this new information is obviously more accurate,” said Nassim Nicholas Taleb, author of Antifragile: Things That Gain from Disorder.”

Read full story Comments are closed

June 12, 2013 – Quote of the Day

“By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens,” said the ground breaking British economist, John Maynard Keynes.

Read full story Comments are closed

June 11, 2013 – Quote of the Day

“We are one budget deal away from being the hot spot of the world. Europe is in the toilet, China’s growth has fallen down, and the Middle East is going backwards. We have a lot of potential for fracking and innovation. If we can prove our nation is governable, we will be the golden spot […]

Read full story Comments are closed

June 10, 2013 – Quote of the Day

“A man who wants to lead the orchestra must turn his back to the crowd,” said David Gurwitz, concert pianist and composer.

Read full story Comments are closed

June 7, 2013 – Quote of the Day

“Almost all asset markets are bubbles and mispriced,” said Bill Gross of bond giant PIMCO.

Read full story Comments are closed

June 6, 2013 – Quote of the Day

“Real Estate is the new gold. It is the gold of 2011,” said Jeffrey Gundlach of Doubleline Capital

Read full story Comments are closed

June 5, 2013 – Quote of the Day

“If economists could manage to get themselves thought of as humble, competent people, on a level with dentists, that would be splendid,” said the ground breaking economist, John Maynard Keynes

Read full story Comments are closed

June 4, 2013 – Quote of the Day

“If you hear a “prominent” economist using the word ‘equilibrium,’ or ‘normal distribution,’ do not argue with him; just ignore him, or try to put a rat down his shirt,” said Nassim Nicholas Taleb, author of Antifragile: Things That Gain from Disorder.”

Read full story Comments are closed

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.

Read full story Comments are closed

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.”

Read full story Comments are closed

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.

Read full story Comments are closed

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.”

Read full story Comments are closed