“By the time you spot a bandwagon, it is too late to get on,” said Sir Martin Franklin, co-chairman of the APi Group.
If a cluttered desk is a sign of a cluttered mind, what is an empty desk a sign of?” asked Albert Einstein.
“No better friend, nor worse enemy,” says the motto of First Division of the US Marine Corps.
“Whenever I hear someone in finance say that a one in two-billion-year event just happened, I say that you just demonstrated you have a model for measuring tail risk that isn’t any good,” said former Treasury Secretary and Harvard University President Larry Summers.
“Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.” – Said Legendary U.S. Investors Warren Buffet
“A market has never before come out of a recession with stocks at peak earnings multiples,” said Jonathan Golub, Chief Equity Strategist at Credit Suisse.
“In the US you had ten bad years in a row (during the Great Depression) and it still turned out to be a pretty good century,” said Lloyd Blankfein, CEO of Goldman Sachs.
“If we are just going to argue about how much money we can burn to stay warm while the heater is broken, the unemployment rate is going to come down only 1.5% a year, said
said economist Austin Goolsby.
“The market is untradable now. We are one tweet away from a new all-time high, or a 10% correction,” said a hedge fund friend of mine.