“In the short term, the market moves on behavior and in the long term it moves on math,” said Jenny Harrington, the CEO of Gilman Asset Management.
“I’m just watching in astonishment at the SPAC market. There are companies that I passed on for $5 billion now selling for $20 billion with 1% gross margins in completely undefendable businesses with competitors eating their lunch,” said investor Barry Sternlicht.
“The stock market is very much a mood ring,” said Josh Brown, of Ritholtz Wealth Management.
“Never sell short anything just because it is expensive,” said the late Ace Greenberg, CEO of the late Bears Stearns
“The most dangerous word in the English language is “cheap”” said a
hedge fund manager friend of mine.
“The car business is hell,” said founder Elon Musk, when announcing he would sleep in the Fremont Tesla factory until Model S production reached 2,500 units a week.
“If you want to make enemies, try to change something,” said the late President Woodrow Wilson.
“Just because you paid more for a company doesn’t mean it’s earning more,” said Oracle of Omaha Warren Buffet.
"Go to Heaven for the climate. Go to Hell for the company," said American humorist, Mark Twain.
“In order to write about life first you must live it,” said the great American novelist, Earnest Hemingway.
