“The transition from a levering, asset-inflating secular economy to a post bubble delivering era may be as difficult for one to imagine as our departure into the hereafter,” former PIMCO managing director, Bill Gross, once the world’s largest bond manager.
“Green technology is one of the best investment opportunities we’ve ever seen. We are used to seeing billion-dollar market opportunities. Here we’re seeing a trillion dollar opportunity,” said venture capitalist Steve Jurvetson.
"I enjoy issuing Berkshire stock as much as I relish preparing for a colonoscopy," said Oracle of Omaha Warren Buffet of Berkshire Hathaway (BRK/A).
“The January effect has been supercharged this year and needs to be checked for doping,” said Sandy Lincoln from BMO Asset Management.
“What we really have to do is get back to fundamentals, and for most Americans that means working for a living and not investing for a living.” said Tom Barrack, CEO of Colony Capital, and a former principal of the Bass Group.
“Economists say we’re having 2.5% growth. That’s a lie. The reality is that we have 5% growth for the top 20% of the economy, and 0% growth for the bottom 80% of the economy,” said Arthur Brooks, president of the American Enterprise Institute.
“Those who expect double digit returns going forwards are going to be severely disappointed,” said Bill Gross, CEO of bond giant, PIMCO.
“In the last 40 years, our record at predicting where we would use military force next is perfect. We’ve never once gotten it right,” said former Secretary of Defense Robert Gates.
“If the yen goes to ¥150, what does Toyota do to Ford,” said Barry Sternlicht, CEO of the private equity firm, Starwood Capital.
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."