When I was growing up in Los Angeles during the fifties, the most exciting day of the year was when my dad took me to buy a Christmas tree. With its semi-desert climate, Southern California offered pine trees that were thin and scraggly at best, and we didn’t want to chop down the view that
"The next leg of the bull market is going to have to be a fundamental leg, not a liquidity leg, and investors are in a little bit of a malaise trying to figure that out," said Anthony Scaramucci of Skybridge Capital.
"Interest rates are the physical gravity of financial assets. The lower they are, the higher assets will levitate," said Anthony Scaramucci, the founder and managing partner of SkyBridge Capital, a leading hedge fund of funds.
"Homo Sapiens, the first truly free species, is about to decommission the natural selection, the force that made us," said E.O. Wilson, a Harvard University biology professor.
"Every attempt to make war easy and safe will result in humiliation and disaster," said the Civil War General, William T. Sherman.
"The market always gets it right," said Jim O'Neill, the chairman of Goldman Sachs International, who coined the term "BRIC".
First and foremost, thank you for what you do. The small cost of this newsletter pays for itself a thousand times over. My returns mimic those of your portfolio for the year and for that I am grateful. The only suggestion I would offer is to keep doing what you are doing. It is people
I just wanted to send my thanks for creating such a wonderful newsletter. It is very hard in today's world to sift the wheat from the chaff. The reason I am reaching out today is that a few days ago John came out with a piece regarding other newsletters. I have been following you for
"Some people spend an entire lifetime wondering if they've made a difference. The Marines don't have that problem," said the late President, Ronald Reagan.
By now, we have all become experts in offshoring, the practice whereby American companies relocate manufacturing jobs overseas to take advantage of low wages, missing unions, the lack of regulation, and the paucity of environmental controls. The strategy has been by far the largest source of new profits enjoyed by big companies for the past