?I must study politics and war that my sons may have liberty to study mathematics and philosophy. My sons ought to study mathematics and philosophy, geography, natural history, naval architecture, navigation, commerce, and agriculture, in order to give their children a right to study painting, poetry, music, architecture, statuary, tapestry, and porcelain,? said John Adams, the second US president.
?You can reduce discretionary spending down to zero and it won?t have much impact on our fiscal problems because it?s such a small proportion of the total,? said Ben Bernanke, chairman of the Federal Reserve.
?The Fed cannot permanently raise stock prices,? said James Bullard, president of the Federal Bank of St. Louis.
?Guys that are short, they better have a shovel to dig themselves out of the grave,? said legendary hedge fund manager, David Tepper, of Appaloosa Management.
?It?s not overly frightening to have the Fed move away from massive accommodation. I think the market may struggle, but it is not a death blow,?
said James Paulson, chief investment strategist at Wells Fargo Asset Management.
?The lack of complacency is at odds with the view that the market has peaked?peaks are turned in when every last bear has thrown in the towel, and the bulls are screaming to buy from the roof tops,? said David A. Rosenberg, of research boutique Gluskin Sheff.
?Take 200 round trips to Australia, and you really start to rack up the miles,? said Tom Stoker an automotive sales analyst who just surpassed 10 million frequent flier points on United Airlines. It makes my own 1 million miles seem puny by comparison.
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?I keep six honest serving men. (They taught me all I knew); Their names are What and Why and When and How and Where and Who.? said the writer, Rudyard Kipling.
?If they don?t screw things up in Washington, stocks here are undervalued. If they do, then stocks are overvalued,? said hedge fund manager, David Tepper, of Appaloosa Management.
?If you can?t make yourself loved, make yourself feared,? said Meyer Amschel Rothschild, founder of the banking dynasty.
