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January 24, 2012 – Quote of the Day

“Apple will never be a consumer products company,” said John Sculley, the Apple CEO who fired Steve Jobs in 1985. Today Apple is the world’s largest and most profitable consumer products company.

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January 23, 2012 – Quote of the Day

Steve Jobs offered me one third of Apple for $50,000 and I was so smart that I turned it down. It’s funny when you think about it now, except when I’m crying,” said Nolan Bushnell, the founder of game company Atari and Jobs’ first employer.  

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January 20, 2012 – Quote of the Day

“You can’t keep on firing people. We’ve gotten so mean and so lean that you naturally get to the point where there are fewer people to let go,” said Steve Ricchiuto, chief economist at Mizuho Securities.

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January 19, 2012 – Quote of the Day

“The journey is the reward,” said the late Apple founder, Steve Jobs.

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January 18, 2012 – Quote of the Day

I think this year you’re going to have six years’ worth of movement in the commodities markets,” said Mark Fisher of hedge fund MBF Clearing Corp.

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January 17, 2012 – Quote of the Day

“My heart sank when I heard the corn number. I literally felt sick to my stomach. I just knew that most of the market was looking for a big rally in corn and had positioned themselves that way,” said Scott Shellady, a trader at ICAP US Derivatives.

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January 13, 2012 – Quote of the Day

“Our medical technology has completely outstripped our ability to pay for it,” said Boris Schlossberg, a foreign currency strategist at BK Forex Advisors.

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January 12, 2012 – Quote of the Day

“2012 will be the third year of living dangerously,” said Ed Yardeni of Yardeni  Research.

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January 11, 2012 – Quote of the Day

“Housing in terms of price has put in a real bottom. I’m not looking for a housing bull market. We are in the second phase of a housing bear market. But the good news is that we can correct the rest of the way back to the long term trend through time, rather than price […]

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January 10, 2012 – Quote of the Day

“I looked all over the basement when I was at the White House, and there is no big lever you can throw to make things good again,” said Austin Goolsby, former chairman of the Council of Economic Advisors.  

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January 9, 2012 – Quote of the Day

“China is not going to have a hard or soft landing. It is going to keep on flying. There is a tremendous amount of momentum in the Chinese economy. There’s a lot to be done in terms of infrastructure. At the low end there is a lot to be done in housing. And it now […]

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January 6, 2012 – Quote of the Day

“All of Germany is a Tea Party, and that is going to be a problem for the Euro, said Yra Harris of Praxis Trading.

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January 5, 2012 – Quote of the Day

“The days of leading companies or countries via a one-way conversation are over. The old system of ‘command and control’ – using carrots and sticks –to exert power over people is fast being replaced by ‘connect and collaborate’,” said author Dov Siedman.

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December 30, 2011 – Quote of the Day

In Despicable Me, the latest animated children’s’ film from 20th Century Fox, the Bank of Evil, used to finance the nefarious deeds of villains, has listed under its name “formerly known as Lehman Brothers.”

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December 29, 2011 – Quote of the Day

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

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