When asked about the urban legend that the vaults at Fort Knox are empty, and that the Fed has no gold, former Federal Reserve Chairman Ben Bernanke responded, "I've been to the basement of the New York Fed. The gold is there. I've seen it."
"Everybody talks about the Volatility Index (VIX), but the new fear gauge is the 10-year Treasury bond," said Art Cashin of UBS Financial Services.
"A fool learns from experience. A wise man learns from the experience of others," said Otto von Bismarck, the first Chancellor of Modern Germany.
“And then what? That is the question you always have to ask yourself, what is going to happen in 10, 20, 0r 30 years,” said Warren Buffet, the Oracle of Omaha.
“Believe nothing that you hear, and half of what you see,” said the legendary investor, Ron Baron.
“Tariffs are an act of war,” said Warren Buffet, the Oracle of Omaha.
When you develop your opinions on the basis of weak evidence, you will have difficulty interpreting subsequent information that contradicts these opinions, even if this new information is obviously more accurate,” said Nassim Nicholas Taleb, author of Antifragile: Things That Gain from Disorder.”
“Interest rates are gravity. When they are zero, shares prices can go to infinity. When they are high, as they were during the early 1980’s, the gravitational pull can be very strong,” said Oracle of Omaha, Warren Buffet.
"As successful as solar has become, there was a bloody road of corporate carnage to get there," said Joel Makower, chairman of the GreenBiz Group.
“Apple is an electric utility now. People don’t want them changing the wall sockets. People will pay them not to change,” said Roger McNamee, cofounder of venture capitalist Elevation Partners.