“Any sufficiently advanced technology is indistinguishable for magic, said Arthur C. Clark, futurologist and author of 2001: A Space Odyssey.
“There are old pilots and there are bold pilots, but there are no old, bold pilots,” according to the US Marine Corps flight school.
"The Clinton and Bush administrations had it right with regards to our relations with China. We need to draw red lines when necessary and build bridges when possible." said my friend, columnist Tom Friedman, of the New York Times.
“The bubble is in the bond market, not the stock market,” said Leon Cooperman, CEO of Omega Advisors, an original investor in my 1990s hedge fund.
“Either you figured it out in a day or two or you were dead,” said the late Battle of Britain Spitfire pilot, John Schooling, and my aerobatics instructor in England 40 years ago.
“No matter who wins the election, we still have a lot of wood to chop. There is no way we continue to run huge deficits without a severe market consequence,” said my old friend and former client, Leon Cooperman, CEO of mega hedge fund Omega Advisors.
“There is a better chance that hockey is banned in Thunder Bay, Ontario, than the USA seeing a sustained 4% GDP growth rate when oil is above $100/barrel,” said Keith R. McCullough, CEO of Hedgeye Risk Management.
“Analysts don’t know preferred stock from livestock,” said Gordon Gekko in the classic film Wall Street.
“Volatility will be our traveling companion for a while,” said one strategist.
“The circulation of confidence is better than the circulation of money,” said President James Madison, America’s fourth president.