?Everybody has a plan until they get punched in the nose,? said former heavyweight champion, Mike Tyson.
?You know the Iran deal is a bad one when the French turn down a six way,? said comedian Stephen Colbert of the Colbert Report.
?I think we?re in the middle of the game, maybe the fourth or fifth inning. I really think this thing has another five years to go. It?s going to take that long before people become confident enough and they start becoming confident enough and blowing themselves up again,?
said John Paulson of Wells Capital Management.
?For the investor who has a strategically allocated portfolio, who are three to five years away from needing their capital, should think of selling the beloved and buying the loathed,? said JJ Burns of JJ Burns and company.
?Housing in terms of price has put in a real bottom. I?m not looking for a housing bull market. We are in the second phase of a housing bear market. But the good news is that we can correct the rest of the way back to the long term trend through time, rather than price on a national basis,? said Josh Brown, a real estate analyst.
?The days of leading companies or countries via a one-way conversation are over. The old system of ?command and control? ? using carrots and sticks --to exert power over people is fast being replaced by ?connect and collaborate?.? said author Dov Seidman.
?America?s colleges and universities churn out lots of liberal arts graduates?.By and large, the economy doesn?t need all these generals. We?re not training enough scientists and engineers. The high schools used to churn out enough people with technical skills in the fifties and sixties, but not so today. It?s cheaper just to prepare everyone to go to college and pretend that a liberal arts education is going to solve everyone?s problems,? said Professor Peter Morici at the University Of Maryland School Of Business.
?A high stock price is somewhat distracting,? said Tesla CEO, Elon Musk.
?A strong recovery will ultimately enable the Fed to reduce its monetary accommodation and reliance on unconventional policy tools such as asset purchases,? said my friend, Federal Reserve governor nominee, Janet Yellen.
?It always sounds smarter to be bearish than bullish,? said Ron Baron, CEO of Baron Capital Group.
