Quote of the Day – November 15, 2019

“The rule of thumb is to do your homework, do your analysis, don’t give up prudent risk management for the sake of certain fads. Look for real valuations, and stay true to your time frames,” said Marc Chandler, the global head of currency strategy at Brown Brothers Harriman.

Quote of the Day – December 14, 2019

“Risk control is the best route to loss avoidance. Risk avoidance, on the other hand, is likely to lead to return avoidance as well.” said Howard Marks, founder of distressed debt giant, Oaktree Capital Management.

Foot on banana peel

Quote of the Day – November 13, 2019

“As successful as solar has become, there was a bloody road of corporate carnage to get there,” said Joel Makower, chairman of the GreenBiz Group.

Auction Signs

November 11, 2019 – Quote of the Day

“Getting information off the Internet is akin to trying to sweep back the ocean with a broom,” said Ray Kurzweil, director of engineering at Google.

 

November 8, 2019- Quote of the Day

When asked about the urban legend that the vaults at Fort Knox are empty and that the Fed has no gold, former Federal Reserve Chairman Ben Bernanke responded, “I’ve been to the basement of the New York Fed. The gold is there. I’ve seen it.”

Quote of the Day – November 7, 2019

“The less prudent you find the actions of others, the more prudent you need to act yourself,” said Oracle of Omaha, Warren Buffett.

Quote of the Day – November 6, 2019

“The question is not whether Tesla will sell 80,000 or 90,000 cars this year, but whether they will sell 14 million or 15 million in 15 years. I believe they can do it,” said Ron Baron of long-term value player, Baron Capital.

tesla-assembly-line

November 5, 2019 – Quote of the Day

“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.

Girl Tight Jeans

November 4, 2019 – Quote of the Day

“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.

November 1, 2019 – Quote of the Day

“Everyone has the brainpower to make money in stocks. Not everyone has the stomach,” said legendary investor and former client Peter Lynch.