"I can calculate the motions of heavenly bodies, but never the madness of crowds," said Sir Isaac Newton, the inventor of calculus and discoverer of Newton's Laws who lost his entire fortune in a 17th century investment scam called "the South Sea Bubble."
"The future ain't what it used to be," said the former New York Yankees baseball manager, Yogi Berra.
"The time to worry about the Fed is not when they go from accommodative to neutral, it is when they go from neutral to tight," said Bill Miller, the legendary former chairman and chief investment officer of Legg Mason Capital Management.
"Kamikaze missions are rarely successful, least of all for the pilots," said Robert Gibbs, former White House Press Secretary.
"The longer you wait to fire someone, the longer it has been since you should have fired them," said Elon Musk, founder and CEO of SpaceX and Tesla Motors.
“My job is to find 10 problems for every three that exist,” said Jeffrey Gundlach of DoubleLine Capital.
“Savers are losers”, said a radio ad for a mortgage broker in Reno, Nevada.
“This could be the beginning of the end of the bond market,” said my friend, the legendary hedge fund manager, David Tepper.
“I spend more time looking at balance sheets than income statements. Wall Street doesn’t really bother with balance sheets.,” said Oracle of Omaha Warren Buffet.
“People are investing with a rearview mirror. Last year, you had people legitimately scared out of the market. Unfortunately, you are losing a generation of investors at a time when they ought to be thinking about buying high quality stocks,” said Hersh Cohen of Clearbridge Advisors.
