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January 11, 2013 – Quote of the Day

“Giving some countries the Internet is like giving a cannibal an AK-47 assault rifle. No good will come of it,” said John C. Dvorak, editor of PC Magazine.

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January 10, 2013 – Quote of the Day

Quote of the Day “The rule of thumb is to do your homework, do your analysis, don’t give up prudent risk management for the sake of certain fads. Look for real valuations, and stay true to your time frames,” saidMarc Chandler, the global head of currency strategy at Brown Brothers Harriman.

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January 9, 2013 – Quote of the Day

“My future is behind me,” said Vice President, Lyndon Banes Johnson, to an aide on the flight down to Dallas, Texas on November 20, 1963.

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January 4, 2013 – Quote of the Day

Quote of the Day “If You’ve lived long enough on Wall Street, you know that we shoot out wounded and eat our young,” said Brad Hintz, an analyst with Sandford Bernstein.

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January 2, 2013 — Quote of the Day

We have been pretending that we’re too big to fail. We’re not too big to fail, You can jump off of a 90 story building and feel fine for the first 89 stories. It’s the sudden stop at the end that tells you you’re not.” said Tom Friedman, New York Times columnist and author of […]

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September 27, 2012 — Quote of the Day.

“It’s an ugly contest; do you want the dollar, the euro, or the yen,” said hedge fund legend, Ray Dalio of Bridgewater Associates.

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September 26, 2012 — Quote of the Day.

“The nice thing about gold is that it has no PE multiple. Because it earns and yields nothing, gold is a speculation on the systematic debasement of currencies by central banks,” said Jim Grant of Grant’s Interest Rate Observer.

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September 24, 2012 — Quote of the Day

“There’s no exit. I think it’s more likely that the Fed buys all the Treasury bonds that exist than to work the opposite direction and start selling them. I have no concept of what the Fed exit strategy is going to look like. It’s way out in the future,” said Jeffrey Gundlach, CEO of fixed […]

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September 21, 2012 — Quote of the Day

“It’s all artificial stimulation. The market wouldn’t be here without quantitative easing,” said a NYSE floor trader.  

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September 20, 2012 — Quote of the Day.

“The reality is that the iPhone 5 is going to do more for the economy than QE3,” said Kevin Warsh, a former Federal Reserve governor.  

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September 19, 2012 — Quote of the Day

“The old yardsticks don’t seem to be working anymore,” said Art Cashin, a strategist at UBS.  

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September 18, 2012 — Quote of the Day

As opposed to the mentality of the last couple of years where you faded every piece of good news, we may be moving to a period where you fade the bad news because you know there is a clear game plan below it,” Jim O’Neill, chairman of Goldman Sachs International in London.  

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September 17, 2012 – Quote of the Day

“Let all men know how empty and worthless is the power of kings,” said King Cnut, a 10th century ruler of Denmark and England.  

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September 13, 2012 — Quote of the Day

“Facebook was being priced as if it were a beautiful woman without a blemish.  If any kind of blemish appeared, they will kill the stock.  I’d rather own Google or Apple,” said my old friend and former client, Leon Cooperman, CEO of mega hedge fund Omega Advisors.

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September 11, 2012 — Quote of the Day

“Inflation steals from savers, and inflation is the logical consequence of printing too much money,” said Oracle of Omaha, Warren Buffett.

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