April 12, 2012 – Quote of the Day

My problem with the stock market is that I fail to see who the incremental buyer will be to take the S&P 500 to 1,500. It?s not going to be the retail investor who has been hit with a 34% drop in home prices, two market crashes in the last decade, and a flash crash while their incomes are not keeping up with inflation. The last thing on their minds right now is to buy stocks,? said Doug Kass of hedge fund Seabreeze Partners.

 

April 11, 2012 – Quote of the Day

?The Bernanke put is still there, but it is far more out of the money that it was a few days ago,? said Doug Kass of hedge fund Seabreeze Partners.

April 10, 2012 – Quote of the Day

?What we really have to do is get back to fundamentals, and for most Americans that means working for a living and not investing for a living.? said Tom Barrack, CEO of Colony Capital, and a former principal of the Bass Group.

April 9, 2012 – Quote of the Day

?A statistical model built around a normal distribution when applied to markets can be a very dangerous thing,? said David Kelly of JP Morgan.

April 5, 2012 – Quote of the Day

?Equities lead the risk appetite on the way up, and they will lead on the way down,? said Lincoln Ellis of the Linn Group

April 3, 2012 – Quote of the Day

?The only surprise to me is that so many people were surprised,? said Nobel Prize winning economist Joseph Stiglitz, about the financial crisis he predicted.

April 2, 2012 – Quote of the Day

?It’s very difficult to navigate a business through a paradigm shift. You must hard wire your system to second guess all the time, questioning what is next, and then what is next. You’ve got to retain optionality for both investment portfolios and the business your run to navigate this well,? said Mohamed El-Erian, co-chairman of the bond house PIMCO.

March 30, 2012 – Quote of the Day

?The luckiest person in the world today is the baby being born in the United States. The outlook for this country is fantastic,? said Warren Buffet.

March 29, 2012 – Quote of the Day

?Bankers will get away with whatever they can get away with. Our banking system is socially useless,? said an oversight body in the United Kingdom.

March 28, 2012 – Quote of the Day

?When it?s raining gold, reach for a bucket, not a thimble,? said Oracle of Omaha Warren Buffet.