August 16, 2019 – Quote of the Day

“If you advertise an interest in buying collies, a lot of people will call hoping to sell you their cocker spaniels,” said Oracle of Omaha, Warren Buffett.

August 15, 2019 – Quote of the Day

“Forget what you know about buying fair businesses at wonderful prices. Instead, buy wonderful business at fair prices,” said Oracle of Omaha, Warren Buffett.

 

 

August 14, 2019 – Quote of the Day

“With valuations rising and fundamentals deteriorating we are in Looney Tunes Land here. The coyote is running in midair”, said a hedge fund friend of mine about current stock market conditions.

 

August 13, 2019 – Quote of the Day

“Green technology is one of the best investment opportunities we’ve ever seen. We are used to seeing billion-dollar market opportunities. Here we’re seeing a trillion dollar opportunity,” said venture capitalist Steve Jurvetson.

 

August 12, 2019 – Quote of the Day

“Amazon isn’t happening to the book business. The future is happening to the book business,” said Amazon founder Jeff Bezos.

August 9, 2019 – Quote of the Day

“There’s a 70% chance you could lose it all,” said Jeff Bezos to his parents when asking for a $100,000 investment to start Amazon. “I want you to know the risks because I want to be able to come home for Thanksgiving.”

August 8, 2019 – Quote of the Day

“The rule book on how things are done and how they will play out you can just throw away right now,” said Scott Minerd of Guggenheim Partners.

August 7, 2019 – Quote of the Day

“Send us your freaks,” said an Amazon human resources executive to a temp agency during its early days.

August 6, 2019 – Quote of the Day

“The stock market is not expensive at 2% Fed funds and 2% government bonds,” said my old investor and mentor Leon Cooperman of Omega Advisors.

August 5, 2019 – Quote of the Day

“Algorithms know everything about price but nothing about value,” said my old investor and mentor Leon Cooperman of Omega Advisors.