“I had no idea Amazon would produce this kind of performance. I blew it,” confessed Oracle of Omaha Warren Buffett.
“I can calculate the motions of heavenly bodies, but never the madness of crowds,” said Sir Isaac Newton, the inventor of calculus and discoverer of Newton’s Laws who lost his entire fortune in a 17th century investment scam called “the South Sea Bubble.”
“What the Fed has done is pulled forward several years of stock appreciation into just a couple of months. I think stock prices are too high,” said Jonathan Golub, chief US equity strategist of Credit Suisse.
“The factory of the future will have only two employees: a man and a dog. The man will be there to feed the dog. The dog will be there to keep the many from touching the equipment,” said organizational consultant, Warren Bennis.
“Statistics building off an extremely small base is extremely misleading. The recent economic gains look like typos in some of these categories. Let me know when you have gains from the January base and I’ll believe in the recovery, ” said Josh Brown, an investment advisor.
“By the time you spot a bandwagon, it is too late to get on,” said Sir Martin Franklin, co-chairman of the APi Group.
If a cluttered desk is a sign of a cluttered mind, what is an empty desk a sign of?” asked Albert Einstein.
“No better friend, nor worse enemy,” says the motto of First Division of the US Marine Corps.
“Whenever I hear someone in finance say that a one in two-billion-year event just happened, I say that you just demonstrated you have a model for measuring tail risk that isn’t any good,” said former Treasury Secretary and Harvard University President Larry Summers.
“Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.” – Said Legendary U.S. Investors Warren Buffet