"Everything is expensive now. Worries about the future can cause safe assets to become highly priced ... I call it the 'Titanic Effect.' When the Titanic was going down, people would pay a fortune for anything that floats. We may be in a Titanic situation now," said my buddy, Nobel Prize winner Robert Shiller.
“We weren’t treated as humans. We weren’t even treated as robots. We were all just part of the data stream,” said one of 600,000 Amazon fulfillment center workers.
“I was shocked to see how predictable people were,” said Andreas Weigend, Amazon’s Chief Data Analyst.
“In a social democracy with a fiat currency, all roads lead to inflation,” said legendary hedge fund manager Bill Fleckenstein.
"Everybody talks about the Volatility Index (VIX), but the new fear gauge is the 10-year Treasury bond," said Art Cashin of UBS Financial Services.
“The investor in America sits at the bottom of the food chain,” said John C. Bogle, founder of the Vanguard Group of index funds.
“Of course, you never go broke taking a profit, but you never get rich either, because a good portion of what you make goes to taxes,” said legendary value investor Ron Baron.
“Algorithms know everything about price but nothing about value,” said my old investor and mentor Leon Cooperman of Omega Advisors.
"I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones," said Nobel Prize winner Albert Einstein.
"Only losers average losers," said my friend and former client, trading legend Paul Tudor Jones.
