Quote of the Day – January 17, 2020

“Rational people don’t risk what they have and need for what they don’t have and don’t need,” said Oracle of Omaha Warren Buffet.

January 16, 2020 – Quote of the Day

“The United States is afflicted with new eras. Let us not think that the current illusion is unique. It is intimately part of the American character,” said the great American economist, John Kenneth Galbraith.

Quote of the Day – January 15, 2020

“Where a calculator on the Eniac is equipped with 18,000 tubes and weighs 30 tons, computers in the future may have only 1,000 vacuum tubes, and weigh 1.5 tons,” said Popular Mechanics magazine in 1949.

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January 14, 2020 – Quote of the Day

“You don’t want to invest based on a political prism,” said Oracle of Omaha Warren Buffet.

January 13, 2020 – Quote of the Day

“We live in a world that is not described by classical economics,” said Oracle of Omaha Warren Buffet.

January 10, 2020 – Quote of the Day

“Bull markets do best when you’ve got a wall of worries, what I’m worrying about is nobody is worried anymore,” said super bull Ed Yardeni.

January 9, 2020 – Quote of the Day

“Getting rid of your great companies and adding to you bad companies is like cutting the flowers and watering the weeds,” said my former client and mentor, Magellan Fund’s Peter Lynch.

Quote of the Day – January 8, 2020

“If you can’t convince an 8-year-old why you own this thing, you probably shouldn’t own it” said legendary value stock manager Peter Lynch.

Quote of the Day – January 7, 2020

“You want to be in the stock in the second inning of the ballgame, and out in the seventh. That could be 30 years,” said legendary value stock manager Peter Lynch.

Quote of the Day – January 6, 2020

“We underestimated the negative impact of the slowdown in the housing market, and we may be underestimating the tailwind in its recovery,” said Uwe Mark Ruttke of Merrill Lynch, the top financial advisor in Colorado.

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