?The worse things are, the better they will get. When they are truly awful, it is a great time to buy,? said David Tepper, the legendary hedge fund manager at Appaloosa Management LP.
?I once had to decide how to deploy the most powerful army in history. Now the big decision of the day is whether to eat at Taco Bell or Burger King,? said former Secretary of State, General Colin Powell.
?The most common of all follies is to believe passionately in the palpably not true,? said humorist and writer, H.L. Mencken.
?We know what we are, but not what we may be,? said William Shakespeare.
?The further backward you look, the further forward you can see,? said the WWII British prime minister, Winston Churchill.
?By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens,? said the ground breaking British economist, John Maynard Keynes.
In the 40 years since Vietnam, our record in predicting where we will be militarily engaged next, even six months out, is perfect. We?ve never gotten it right. Not in Grenada, Haiti, Panama, Libya (twice), Iraq (twice), Afghanistan, the Balkans, or Somalia. We need a lot more humility,? said former Secretary of Defense, Robert M. Gates.
?You will get paid. Throughout history, all smart governments made sure the guys with the guns got paid first,? said former Secretary of Defense, Robert M. Gates, assuring that soldiers would still receive salaries in the wake of the sequester.
?Real Estate is the new gold. It is the gold of 2014,? said Jeffrey Gundlach of Doubleline Capital.
?If economists could manage to get themselves thought of as humble, competent people, on a level with dentists, that would be splendid,? said the ground breaking economist, John Maynard Keynes.
