?It is difficult to get a man to understand something when his salary depends upon his not understanding it.? said the Pulitzer Price winning author, Upton Sinclair.
'If you can get a dividend higher than the yield on ten-year debt, it's an opportunity we haven't seen in our lifetime. On a five-year horizon, investing in large multinationals with high dividends will have a large payday' said Lawrence Fink, CEO of Black Rock.
“Incentive structures work, so you have to be very careful about what you incent people to do because various incentive structures create all sorts of consequences which you can’t anticipate,” said Apple founder Steve Jobs.
“Banks have turned into gigantic gambling institutions. You never know what you own. I wouldn't touch them if you pointed a gun to my head,” said legendary hedge fund manager Bill Fleckenstein on Hedge Fund Radio.
“The economy without debt is like major league baseball without steroids,” said Jack Ablin, chief investment officer of BMO Private Bank.
"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.
“Semiconductors are the new industrials,” said Josh Brown of Ritholtz Wealth Management.
"The future ain't what it used to be," said the former New York Yankees baseball manager, Yogi Berra.
“When asked how he manages the time to be chairman of Microsoft, run the world’s largest charity, and raise three kids, Bill Gates answered, “I don’t mow the lawn.”
“Nothing good ever happens under the 200-day moving average,” said my old friend, hedge fund legend Paul Tudor Jones.