?Rupert Murdoch is very smart and is a great leader, but he?s made a mistake. He?s buried in ink, and in my view, there won?t be any newspaper business ten years from now. Fortunately, we?re buried in television and movies, and they?ll be here forever,? said Sumner Redstone, chairman of Viacom and CBS.
?To ask other people to be making sacrifices on taxes during this period, and we are going to ask them to make sacrifices on the revenue side and the expenditure side, and to leave the top income group alone, is a travesty,? said Berkshire Hathaway?s Warren Buffet.
?If you can?t make yourself loved, make yourself feared,? said Meyer Amschel Rothschild, founder of the banking dynasty.
?Inflation steals from savers, and inflation is the logical consequence of printing too much money,? said Oracle of Omaha, Warren Buffett.
?I think we?re headed towards VAT taxes. It?s only a question of how long it takes for them to wake up and figure it out. You can?t tax the wealthy enough to close the budget deficit we have,? said Leon Cooperman of hedge fund Omega Advisors.
?I don?t like the bond market at all. A jackass in a Tuxedo is still a jackass,? said Bill Spiropoulis at Corestates Capital Advisors
?We are about to do something terrible to you. We are going to deprive you of an enemy,? Soviet commentator, Georgi Arbitov, told Secretary of State George Schultz at the end of the cold war.
I don?t know that the retail investor matters anymore. They didn?t come back to the market after the 2000 crash. The idea that the individual investor believes in the stock market now is challenged. We have a market that is increasingly institutional investors trading back and forth with each other?, said Dan Greenhouse, chief global strategist at BTIG.
?I enjoy issuing Berkshire stock as much as I relish preparing for a colonoscopy,? said Oracle of Omaha Warren Buffet of Berkshire Hathaway (BRK/A).
?The transition from a levering, asset-inflating secular economy to a post bubble delivering era may be as difficult for one to imagine as our departure into the hereafter,? said PIMCO managing director, Bill Gross, the world?s largest bond manager.