February 27, 2026 - Quote of the Day
"A fool learns from experience. A wise man learns from the experience of others," said Otto von Bismarck, the first Chancellor of Modern Germany.
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"A fool learns from experience. A wise man learns from the experience of others," said Otto von Bismarck, the first Chancellor of Modern Germany.
"Kamikaze missions are rarely successful, least of all for the pilots," said Robert Gibbs, former White House Press Secretary.
“Fair value doesn’t mean you have to go down. It just means you have to be cautious,” said hedge fund legend David Tepper of Appaloosa Management.
"Good fortune is often more fatal than adversity," said the 18th century German emperor, Frederick the Great.
"Diversification is the only free lunch," - said David F. Swensen, the legendary fund manager at Yale University.
I like to start out my day by calling readers on the US East Coast and Europe, asking how they like the service, are there any ways I can improve the service, and what topics they would like me to write about. After all, at 5:00 AM Pacific time, they are the only ones around.
"It is fine to have the longest view in the room, as long as the thing at the end of the vista is a gigantic hill of money," said John Lanchester of The New Yorker magazine.
Just a quick note of appreciation for your helping me decide to get my clients into (GLD) with a 15% allocation early this year. It sure has helped me to be more of a hero to my clients this year than a goat... Best wishes to you and yours! Keep 'em coming. Brad Bakersfield, CA.
"No better friend, nor worse enemy," says the motto of First Division of the US Marine Corps.
"All men dream, but not equally," said T.E. Lawrence, known as Lawrence of Arabia.
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