“Bonds are priced artificially because you’ve got some guy buying tens of billions of dollars’ worth a month. That will change at some point, and when it does, people are going to lose a lot of money,” said the Oracle of Omaha, Warren Buffett.
"The less prudent you find the actions of others, the more prudent you need to act yourself," said Oracle of Omaha, Warren Buffett.
“He who sacrifices freedom for security deserves neither,” said Benjamin Franklin, the Revolutionary War US ambassador to Paris and signer of the Declaration of Independence.
“I think, it’s very obvious what’s going on. It’s the miracle of free money, zero commissions, and a lot of people getting checks that exceed what they would get if they went to work,” said my former hedge fund investor friend, Leon Cooperman of Omega Family Office.
“Everyone has the brainpower to make money in stocks. Not everyone has the stomach,” said legendary investor and former client Peter Lynch.
“A man who is the master of patience is the master of everything else,” said George Saville, a professional soccer player.
“The stock market is not expensive at 0.25% Fed funds and 1.68% government bonds,” said my old investor and mentor Leon Cooperman of Omega Advisors.
“There is one peculiarity about mass psychology in that when you are in a bubble, you can't see it. Bubbles are invisible when you are inside the bubble,” said the charming Jim Dines of The Dines Letter.
“Stock prices have reached what looks like a permanently high plateau,” said economist Irving Fisher….just before the 1929 stock market crash.