“If you keep looking at charts, eventually you will have your derrière handed to you,” said my old friend, hedge fund legend David Tepper.
John Thomas with David Tepper (Appaloosa Management)
“He who sacrifices freedom for security deserves neither,” said Benjamin Franklin, the Revolutionary War US ambassador to Paris and signer of the Declaration of Independence.
"Brains are the new tonsils. Thanks to the Internet, you don't have to know anything anymore," said comedian Paul Riser.
“I have not failed, I have just found 10,000 ways that do not work,” said the inventor, Thomas Edison.
“Altitude above you, runway behind you, and fuel in tanks on the ground are utterly useless,” said presidential candidate George McGovern, a WWII B-24 Liberator pilot.
“Sometimes, when you jump off a bridge, you have to grow your wings on the way down,” said author Danielle Steele.
"Risk control is the best route to loss avoidance. Risk avoidance, on the other hand, is likely to lead to return avoidance as well." said Howard Marks, founder of distressed debt giant, Oaktree Capital Management.
"If we live in a period of uncertainty long enough, it becomes the norm," said Drew Matus, an economist at UBS.
"No better friend, nor worse enemy," says the motto of First Division of the US Marine Corps.
