“Everything needs more data. The day is not far when you’ll need a gigabyte of flash in a smartphone,” said Sanjay Mehrotra, the CEO of Micron Technology.
“We live in a world that is not described by classical economics,” said Oracle of Omaha Warren Buffet.
In the words of United States Army General, Creighton Abrams, "When eating an elephant, take one bite at a time."
We spend a lot of time looking for systemic risk; in truth, however, it tends to find us,” said Meg McConnell of the New York Fed.
“Everyone is now Cinderella at the ball, and there is no clock on the wall to tell you what time it is,” said the Oracle of Omaha Warren Buffet about the present rich pricing of stocks.
"In the world of business, bad news often surfaces serially. You see a cockroach in your kitchen; as the days go by, you meet his relatives," said Oracle of Omaha, Warren Buffett.
"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.
“Markets will overvalue what you can quantify,” said Ann Lamont at Oak Investment Partners, referring to the extreme high prices for public companies versus the discount valuations of private ones.
“Everything I ever accomplished in business is due to what I learned in the Marine Corps, especially about leadership,” said FedEx founder and former Marine Captain Fred Smith.
“The real back swan wasn’t the virus, it was the lockdown, which caused very serious damage to the economy, especially small companies,” said Jason Trennert of Strategas Research Services.
