June 26, 2020 – Quote of the Day
“It’s easier to get out of Cuba than to get out of Facebook,” said a market analyst.
June 25, 2020 – Quote of the Day
“There is no vaccine for credit losses….bank provisions will be in the trillions,” said bank analyst Chris Whelan.
June 24, 2020 – Quote of the Day
“The car business is hell,” said founder Elon Musk, when announcing he would sleep in the Fremont Tesla factory until Model S production reached 2,500 units a week.
June 23, 2020 – Quote of the Day
“Everyone is now Cinderella at the ball, and there is no clock on the wall to tell you what time it is,” said the Oracle of Omaha Warren Buffet about the present rich pricing of stocks.
Quote of the Day – June 15, 2020
“In investment management, the progression is from the innovators to the imitators, to the swarming incompetents,” said Oracle of Omaha, Warren Buffett.
June 11, 2020 – Quote of the Day
“There is only one boss: the customer. And he can fire everybody in the company, from the chairman on down, simply by spending his money somewhere else,” said Sam Walton, the founder of Walmart (WMT).
June 10, 2020 – Quote of the Day
“Of course, you never go broke taking a profit, but you never get rich either, because a good portion of what you make goes to taxes,” said legendary value investor Ron Baron.
June 9, 2020 – Quote of the Day
“I have lived through many unique events over the past five decades on Wall Street, but this market seems to defy all logic based on historical experience and data,” said Michael Schwartz chief options strategist at Oppenheimer & Co.
June 8, 2020 – Quote of the Day
The market has gone from “Buy the dip and sell the rip” to “Buy the dip and buy the rip,” said Dennis Dick, a professional trader.
June 5, 2020 – Quote of the Day
“There is always more money than there are good ideas,” said my friend, venture capital investor Hubert Senters of Trade Thirsty.
