“Blue skies, nothing but blue skies. Never saw the sun shining so bright, things going so right, grey days, all of them gone. Nothing but blue skies from now on,” said the top musical lyric of early 1929, by Irving Berlin.
“I get more and more convinced that the right method in investment is to put fairly large sums into enterprises which one thinks one knows something about and in the management of which one thoroughly believes,” said the legendary economist John Maynard Keynes in 1934.
“And when he goes to Heaven to Saint Peter, he will tell, “Another Marine reporting sir, I’ve served my time in Hell,” inscribed on a wooden cross at a grave on Guadalcanal.
“We do have a lot of momentum players in the market that are riding trends. As long as those trends are up it may be painful to be short,” said Jeremy Siegel of the Wharton School of Business.
“There are no great men, only great challenges that ordinary men are forced by circumstances to meet,” said WWII Admiral “Bull Halsey.
“The bulls have the run of the table here on oil,” said John Kilduff from Again Capital Partners.
“Language does not provide the means for us to describe the destruction before us,” said Chancellor Angela Merkel about the damage from the climate change-induced flooding in Germany.
“It’s not always the troops that storm the beaches who are the right ones to set up the government,” said Steve Vassallo from Foundation Capital about the resignation of founder Travis Kalanick from Uber.
“At the tail end of a momentum-driven melt-up, weird things start to happen,” said Chris Harvey, chief equity strategist at Wells Fargo.
"The difference between a Tesla and all of its competitors is the difference between an iPod and a cassette player," said Harvard Law fellow Vivek Wadhwa.
