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March 30, 2012 – Quote of the Day

“The luckiest person in the world today is the baby being born in the United States. The outlook for this country is fantastic,” said Warren Buffet.

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March 29, 2012 – Quote of the Day

“Bankers will get away with whatever they can get away with. Our banking system is socially useless,” said an oversight body in the United Kingdom.

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March 28, 2012 – Quote of the Day

“When it’s raining gold, reach for a bucket, not a thimble,” said Oracle of Omaha Warren Buffet.

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March 27, 2012 – Quote of the Day

‘Rupert Murdoch is very smart and is a great leader, but he’s made a mistake. He’s buried in ink, and in my view, there won’t be any newspaper business ten years from now. Fortunately, we’re buried in television and movies, and they’ll be here forever,’ said Sumner Redstone, chairman of Viacom and CBS.

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March 26, 2012 – Quote of the Day

“To ask other people to be making sacrifices on taxes during this period, and we are going to ask them to make sacrifices on the revenue side and the expenditure side, and to leave the top income group alone, is a travesty,” said Berkshire Hathaway’s Warren Buffet.

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March 23, 2012 – Quote of the Day

“If you can’t make yourself loved, make yourself feared,” said Meyer Amschel Rothschild, founder of the banking dynasty.

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March 22, 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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March 21, 2012 – Quote of the Day

“I suspect the analysts who follow Apple are great people and are nice to their mothers. But as a group those people missed the last quarter by 40%, so I’m not listening to them. The stock is a trading sardine for a while. It’s a high beta stock which is leveraged to the market which […]

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March 19, 2012 – 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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March 19, 2012 – Quote of the Day

“I don’t like the bond market at all. A jackass in a Tuxedo is still a jackass,” said Bill Spiropoulis at Corestates Capital Advisors

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March 16, 2012 – Quote of the Day

“What the wise man does in the beginning the fool does in the end,” said oracle of Omaha, Warren Buffett.

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March 15, 2012 – Quote of the Day

“At these prices, bonds should have warning labels on them,” said Doug Kass of Seabreeze Partners.

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March 14, 2012 – Quote of the Day

“I don’t pay any attention to the GDP forecasts of economists”, said Oracle of Omaha Warren Buffet,

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March 13, 2012 – Quote of the Day

“We got competing against cheap labor. What we didn’t get is competing against cheap genius, and that’s what we are doing now with china and India,” said Tom Friedman in his newest book, “That Used to Be Us.”

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March 12, 2012 – Quote of the Day

“The December, 1999 Green Book, the internal forecasting paper of the Federal Reserve, has a disclaimer which said “not to be used externally, and harmful if swallowed”, said president of the Dallas Fed, Richard Fisher.  

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