“I think, it’s very obvious what’s going on. It’s the miracle of free money, zero commissions, and a lot of people getting checks that exceed what they would get if they went to work,” said my former hedge fund investor friend, Leon Cooperman of Omega Family Office.
“Without new profits, the market can’t go anywhere,” said independent research consultant David Darst.
“All writers are thieves, poaching bits and pieces of other people’s lives and stitching them together,” said the comedian, David Sedaris.
“The three most harmful addictions are heroin, carbohydrates, and a monthly salary,” said my friend Nassim Taleb, author of Antifragile: Things That Gain from Disorder.”
“Judgement comes from experience, and experience comes from making bad judgments,” said US Army general Simon Bolivar Buckner, the most senior Army officer to die in WWII.
“The two things the Fed can’t do is print humans to fill jobs and print oil to stop inflation,” said Bryn Talkington of Requisite Capital Management.
“Something everyone knows isn’t worth knowing,” said Bernard Baruch, one of the greatest stock traders of all time and advisor to President Franklin Roosevelt.
“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 economist Austin Goolsby.
“Innovation has not died at the tech companies, but valuation has,” said Mark Lehman, CEO of JPM Securities.
“The radio elected Hitler, the television elected Kennedy, and Facebook elected Obama and Trump. That’s the way it works with technology,” said Ben Horowitz, founder of the top performing venture capitalist Andreeson Horowitz
