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April 12, 2012 – Quote of the Day

My problem with the stock market is that I fail to see who the incremental buyer will be to take the S&P 500 to 1,500. It’s not going to be the retail investor who has been hit with a 34% drop in home prices, two market crashes in the last decade, and a flash crash […]

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April 11, 2012 – Quote of the Day

“The Bernanke put is still there, but it is far more out of the money that it was a few days ago,” said Doug Kass of hedge fund Seabreeze Partners.

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April 10, 2012 – Quote of the Day

“What we really have to do is get back to fundamentals, and for most Americans that means working for a living and not investing for a living.” said Tom Barrack, CEO of Colony Capital, and a former principal of the Bass Group.

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April 9, 2012 – Quote of the Day

“A statistical model built around a normal distribution when applied to markets can be a very dangerous thing,” said David Kelly of JP Morgan.

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April 5, 2012 – Quote of the Day

“Equities lead the risk appetite on the way up, and they will lead on the way down,” said Lincoln Ellis of the Linn Group

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April 3, 2012 – Quote of the Day

“The only surprise to me is that so many people were surprised,” said Nobel Prize winning economist Joseph Stiglitz, about the financial crisis he predicted.

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April 2, 2012 – Quote of the Day

“It’s very difficult to navigate a business through a paradigm shift. You must hard wire your system to second guess all the time, questioning what is next, and then what is next. You’ve got to retain optionality for both investment portfolios and the business your run to navigate this well,” said Mohamed El-Erian, co-chairman of […]

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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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