“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."
“Large round numbers in the market act as rusty doors and sometimes need several swings before you can get through,” said Sam Stovall of CFRA Research.
The earth has been playing in heavy traffic for 4 billion years now,
said Jeffrey Klugger, science editor of Time Magazine
“If you have the word “broker” in your job title the Internet is going to disintermediate you,” said Scott McNealy, founder of Sun Microsystems.
“At last the lake burst upon us—a noble sheet of blue water walled in by a rim of snow clad mountain peaks….as it lay there with the shadows of the mountains brilliantly photographed on its surface I thought it surely be the fairest picture the whole earth affords,” said the American writer, Mark Twain, on his first sight of Lake Tahoe in 1861, pictured below.
“You make the most money when things go from terrible to only bad,” said Tim Seymour of emerging market hedge fund, Triogem Asset Management.
To prove that The Diary of a Mad Hedge Fund Trader only deals with the highest quality, top drawer clientele, I want to share the picture below sent in by a subscriber.
