Quote of the Day - January 14, 2019
"I only invest in beer-drinking countries, never wine-drinking countries," said Ben Horowitz, co-founder of venture capital firm Andreeson Horowitz.
Entries by DougD
Quote of the Day - January 10, 2019
"Sometimes we stare so long at a door that is closing that we see too late the one that is open," said Alexander Graham Bell, inventor of the telephone.
Quote of the day - January 7, 2019
"Almost all asset markets are bubbles and mispriced," said Bill Gross of bond giant PIMCO.
Quote of the Day - January 7, 2019
"We underestimated the negative impact of the slowdown in the housing market, and we may be underestimating the tail wind in its recovery," said Uwe Mark Ruttke of Merrill Lynch, the top financial advisor in Colorado.
Quote of the Day - January 4, 2019
"Brains are the new tonsils. Thanks to the Internet, you don't have to know anything anymore," said comedian Paul Riser.
Report from the Frozen Wastelands of the West
I am writing this from a High Sierra peak at 12,000 feet in the dead of winter. It is 15 degrees and the wind is gusting at 70 miles an hour turning by backpack into a sail and practically blowing me off the mountain. Over the side, the next stop is 1,000 feet below. I
Quote of the Day - December 20, 2017
"The future ain't what it used to be," said the former New York Yankees baseball manager, Yogi Berra.
The Eight Worst Trades in History
As you are all well aware, I have long been a history buff. I am particularly fond of studying the history of my own avocation, trading, in the hope that the past errors of others will provide insights into the future. History doesn’t repeat itself, but it certainly rhymes. So after decades of research on
Quote of the Day - December 27, 2018
"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.
My Last Research Piece of the Year
All work and no play makes Jack a dull boy. All work and no play makes Jack a dull boy. All work and no play makes Jack a dull boy. All work and no play makes Jack a dull boy. All work and no play makes Jack a dull boy. All work and no play