“Getting rid of your great companies and adding to you bad companies is like cutting the flowers and watering the weeds,” said my former client and mentor, Magellan Fund’s Peter Lynch.
“If you can’t convince an 8-year-old why you own this thing, you probably shouldn’t own it” said legendary value stock manager Peter Lynch.
“Amazon isn’t happening to the book business. The future is happening to the book business,” said Amazon founder Jeff Bezos.
“If the Fed brings a lump of coal in 2020, then they better bring some candy canes for the kids as well,” said Bill Gross, former CEO of bond giant PIMCO.
“Sometimes, when you jump off a bridge, you have to grow your wings on the way down,” said author Danielle Steele.
"Bonds are priced artificially because you've got some guy buying tens of billions of dollars worth a month. That will change at some point, and when it does, people are going to lose a lot of money," said Oracle of Omaha, Warren Buffett.
"I only invest in beer-drinking countries, never wine-drinking countries," said Ben Horowitz, co-founder of venture capital firm Andreeson Horowitz.
“That money talks I can’t deny. I heard it once, and it said “goodbye,” said Dee Miller.
“The United States is afflicted with new eras. Let us not think that the current illusion is unique. It is intimately part of the American character," said the great American economist, John Kenneth Galbraith.
“Nobody knew it was August 1982 until it was August 1984,” said Christopher Verrone, head of technical analysis at research boutique Strategas.
