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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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September 10, 2012 – Quote of the Day

“Over the next several years, you will be shocked and surprised at the strength of the emerging Chinese consumer,” said Stephen Roach, the former Chairman of Morgan Stanley Asia.

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September 7, 2012 – Quote of the Day

“No matter who wins the election, we still have a lot of wood to chop. There is no way we continue to run huge deficits without a severe market consequence,” said my old friend and former client, Leon Cooperman, CEO of mega hedge fund Omega Advisors.    

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September 6, 2012 – Quote of the Day

“The most expensive advice that you will ever get is to be told at a market top that “This time it’s different,” said Harvard economics professor Kenneth Rogoff  

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September 5, 2012 – Quote of the Day

 “Low volatility and boring. That’s the mode that investors should get used to,” said Bill Gross, Managing Director at bond giant, PIMCO.      

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September 4, 2012 – Quote of the Day

“For the third year in a row, high oil prices have slowed down the general economy, because disposable income is lost to high gasoline prices,” said John Hofmeister, former CEO of Shell Oil.  

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August 31, 2012 – Quote of the Day

“I mind my own business,” she told the Guinness World Records. “And I don’t eat junk food,” Said Besse Cooper, the world’s oldest person, on her 116th birthday in Monroe, Georgia.

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August 29, 2012 – Quote of the Day

“I’m in the probability business, not the forecasting business. Certainties offer very low returns, uncertainties, high returns,” said venture capitalist, Vinod Khosla.

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August 29, 2012 – Quote of the Day

“Central banks can do whatever they want. But there is no monetary policy powerful enough to prevent the U.S. from going into recession in the first six months of next year if the fiscal cliff happens,” said strategist, Dan Greenhaus.

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August 28, 2012 – Quote of the Day

“The strength of the Army must be credible enough to keep the knuckleheads abroad from miscalculating and instigating conflicts which they can’t win,” said Army Chief of Staff, General Ray Odierno.

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August 27, 2012 — Quote of the Day

“There’s been a lot of lost face in asset allocation over the past five years. Who would have thought that government bond yields could have gone so low?” said Michael Turner, a strategist at Aberdeen Asset Management.      

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August 24, 2012 – Quote of the Day

“Right now, our politics are holding us back. It’s like being the children of permanently divorcing parents. The political environment is a real downer for a lot of people, and their holding back,” said New York Times columnist, Tom Friedman, author of the book, That Used To Be US.

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August 23, 2012 – Quote of the Day

“Today, 20% of enterprises are using Apple computers on their desktop. For the first time in 30 years, for developers, it is Apple first, not Apple second. This fundamentally changes our investment thesis,” said Ann Winblad of Winblad Hummer Venture Partners.

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August 22, 2012 – Quote of the Day

“Rock stars get room keys. I get business cards,” said New York Times columnist, Tom Friedman, and author of the book, That Used To Be US.

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