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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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May 10, 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 9, 2013 – 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 8, 2013 – Quote of the Day

“Bonds are priced artificially because you’ve got some guy buying $85 billion 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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May 7, 2013 – Quote of the Day

“The private economy is OK here. It is absorbing these body blows from Washington. Housing and energy could offset the shenanigans coming out of there,” said Stephen Wood, CIO with Russell Investments Group.

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May 6, 2013 – Quote of the Day

“You cannot trust bankers to control themselves. They’re like heroin addicts,” said Berkshire Hathaway Vice Chairman, Charlie Munger.

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May 3, 2013 – Quote of the Day

“The investor in America sits at the bottom of the food chain,” said John C. Bogle, founder of the Vanguard Group of index funds.

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May 2, 2013 – Quote of the Day

“At some point in 2013, knuckles are going to be turning white, and we’ll see whatever rabbits Ben Bernanke is going to have to pull out of his hat,” said David Rosenberg of Gluskin, Sheff & Associates.

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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 1, 2013 – Quote of the Day

“I think we’re headed towards VAT taxes. It’s only a question of how long it takes for them to wake up and figure it out. You can’t tax the wealthy enough to close the budget deficit we have,” said Leon Cooperman of hedge fund Omega Advisors.

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April 30, 2013 – Quote of the Day

“Bull markets go everywhere from 1-2 years to five years after the Fed begins tightening. We’ve got a long way to go before we have to worry about bonds competing against stocks,” said Professor Jeremy Siegel of the Wharton School of Business

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April 29, 2013 – 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, co-chairman of […]

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April 26, 2013 – Quote of the Day

“Never go to a fight you are invited to,” said famed short player, Jim Chanos, of Kynikos Associates.

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April 25, 2013 – Quote of the Day

“It used to be that the big ate the small. Now it’s the fast that eat the slow,” said business guru, Jason Jennings.

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April 24, 2013 – Quote of the Day

“The market always gets it right,” said Jim O’Neill, the chairman of Goldman Sachs International, who coined the term “BRIC”.

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