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March 7, 2013 – Quote of the Day

‘If you can get a dividend higher than the yield on ten year debt, it’s an opportunity we haven’t seen in our lifetime. On a five year horizon, investing in large multinationals with high dividends will have a large payday’ said Lawrence Fink, CEO of Black Rock.

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March 6, 2013 – Quote of the Day

“The dumbest investment in my view is a long term government bond,” said Oracle of Omaha, Warren Buffett.

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March 5, 2013 – Quote of the Day

“All over the world, money managers are waiting for the signal that the Fed is going to end easing. I think everyone is on a hair trigger,” said oracle of Omaha, Warren Buffett.

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March 4, 2013 – Quote of the Day

“Banks have turned into gigantic gambling institutions. You never know what you own. I wouldn’t touch them if you pointed a gun to my head,” said legendary hedge fund manager Bill Fleckenstein on Hedge Fund Radio.

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March 1, 2013 – Quote of the Day

“Those who expect double digit returns going forwards are going to be severely disappointed,” said Bill Gross, CEO of bond giant, PIMCO.

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February 28, 2013 – Quote of the Day

“When former president, Jimmy Carter, once addressed a graduating class in Japan, they suddenly broke out into wild laughter. He later insisted that the interpreter tell him what he said. After much prodding, he confessed “I said the president has just told a joke, and you must laugh.”

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February 27, 2013 – Quote of the Day

‘Total credit market debt in the world has gone from $80 trillion to $200 trillion in the last ten years, an 11% annual rate, while GDP has grown by 4%. This can’t continue. It’s a simple matter of arithmetic,’ said Kyle Bass, of hedge fund Hayman Partners.

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February 26, 2013 – Quote of the Day

“You can reduce discretionary spending down to zero and it won’t have much impact on our fiscal problems because it’s such a small proportion of the total,” said Ben Bernanke, chairman of the Federal Reserve.

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February 26, 2014 – 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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February 25, 2013 – Quote of the Day

“Over the long term, all of the fiat currencies of the world are involved in a competitive devaluation. The structural stresses in most of the western economies are such that centrals banks will attempt to continue to substitute liquidity for solvency.” said Rick Rule, chairman of Sprott US Holdings, a precious metals specialist.

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February 22, 2013 – Quote of the Day

“Changes in consumption stemming from per capita income rises from $1,000 a year to $5,000, as you are seeing in India, or $5,000 to $10,000, as you are seeing in China, is a very different kind of consumption. It is much more commodities heavy, it is food heavy, it draws a lot more on water […]

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February 21, 2013 – Quote of the Day

“There is no such thing as a “Norm” anymore,” said Irwin Simon, CEO of Hain Celestial.

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February 20, 2013 – Quote of the Day

Favorite headline of the day: “Greece Offers to Pay Back Debt With Giant Horse.”

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February 19, 2013 – Quote of the Day

“The earth has been playing in heavy traffic for 4 billion years now, said Jeffrey Klugger, science editor of Time Magazine

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February 15, 2013 – Quote of the Day

“You can’t keep on firing people. We’ve gotten so mean and so lean that you naturally get to the point where there are fewer people to let go,” said Steve Ricchiuto, chief economist at Mizuho Securities.

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