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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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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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