?The biggest mistake you can make in a bear market is to cover your shorts too soon? he said.
?I used to tell lies. But I?ve given it up, because the field has become overrun with amateurs,? said the great American 19th century humorist, Mark Twain.
?We?re all just one trade away from humility, Bud,? said a stockbroker in the classic film, Wall Street.
?Who knew the blockbuster this year would be a horror show,? said Tony Crescenzi, market strategist and portfolio manager at bond giant, PIMCO.
?I?m long tear gas after the Athens experience. They are going to need that tear gas in Rome and Madrid at some point,? said Steve Cortez at Veracruz Research.
?It?s a bit like looking for gold in a minefield,? said Fidelity International?s China Special Situation Fund manager, Anthony Bolton, amid widespread accounting fraud in the country.
?People think that Treasury bonds are riskless, but a 100 basis point rise in interest rates leads to an 18% capital loss,? said Andrew Neale, a portfolio manager at Fogel Neale Partners.
?I?m long tear gas after the Athens experience. They are going to need that tear gas in Rome and Madrid at some point,? said Steve Cortez at Veracruz Research.
?We?ve seen the S&P 500 drop 50% twice in the last decade. That is the new normal?, said Richard Kang of Emerging Global Advisors.
?Free choice is not relevant in financial markets because there are too many players. A stock with a million holders is much more predictable than one with five,? said Charles Nenner, of Charles Nenner Research in Amsterdam."
