“If Lake Tahoe doesn’t cure what ails you, I will bury you at my own expense,” said the 19th century humorist Mark Twain.
“As an investor you’re not looking to avoid corrections, you’re looking to avoid bear markets, said Liz Young, Sofi head of investment strategy.
“It takes a pretty uncreative mind to only come up with one way to spell a word,” said the 19th century American humorist Mark Twain.
“Men are more easily governed through their vices than through their virtues,” said Napoleon Bonaparte.
“Men and nations behave wisely once they have exhausted all the other alternatives,” said the late Israeli deputy prime minister Abba Eban.
?All over the world, money managers are waiting for the signal that the Fed is going to end easing. I think everyone is on a hair trigger,? said oracle of Omaha, Warren Buffett.
I’m not in favor of breaking up the large banks. But if push comes to shove and there is no other way to eliminate the “too big to fail” problem, which is getting worse, and not better, I would be in favor of breaking up the big banks,” said former Federal Reserve chairman, Alan Greenspan.
“If Carnival Cruise Lines (CCL) can raise $4 billion in the debt markets, why can’t American (AA) or United (UAL) do the same? Why stick it to the taxpayer?” asked my old friend, famed short-seller Jim Chanos.
“Our clients used to think in weeks and days. Today, it’s not even hours-- they think in minutes,” said John Schutz of Wells Fargo, the largest financial advisor in Minnesota, with $1.2 billion in assets.
“China thinks strategically. We think reactively,” said Stephen Roche, former chairman of Morgan Stanley Asia, and my friend and former mentor.
