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March 22, 2012 – Quote of the Day

“Inflation steals from savers, and inflation is the logical consequence of printing too much money,” said Oracle of Omaha, Warren Buffett.

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March 21, 2012 – Quote of the Day

“I suspect the analysts who follow Apple are great people and are nice to their mothers. But as a group those people missed the last quarter by 40%, so I’m not listening to them. The stock is a trading sardine for a while. It’s a high beta stock which is leveraged to the market which […]

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March 19, 2012 – Quote of the Day

“I think we’re headed towards VAT taxes. It’s only a question of how long it takes for them to wake up and figure it out. You can’t tax the wealthy enough to close the budget deficit we have,” said Leon Cooperman of hedge fund Omega Advisors.

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March 19, 2012 – Quote of the Day

“I don’t like the bond market at all. A jackass in a Tuxedo is still a jackass,” said Bill Spiropoulis at Corestates Capital Advisors

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March 16, 2012 – Quote of the Day

“What the wise man does in the beginning the fool does in the end,” said oracle of Omaha, Warren Buffett.

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March 15, 2012 – Quote of the Day

“At these prices, bonds should have warning labels on them,” said Doug Kass of Seabreeze Partners.

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March 14, 2012 – Quote of the Day

“I don’t pay any attention to the GDP forecasts of economists”, said Oracle of Omaha Warren Buffet,

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March 13, 2012 – Quote of the Day

“We got competing against cheap labor. What we didn’t get is competing against cheap genius, and that’s what we are doing now with china and India,” said Tom Friedman in his newest book, “That Used to Be Us.”

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March 12, 2012 – Quote of the Day

“The December, 1999 Green Book, the internal forecasting paper of the Federal Reserve, has a disclaimer which said “not to be used externally, and harmful if swallowed”, said president of the Dallas Fed, Richard Fisher.  

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March 9, 2012 – Quote of the Day

If you can pick up any emerging market with a multiple of less than 20, it is a great long term investment,” said professor Jeremy Siegel at the University of Pennsylvania Wharton School of Business.

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March 8, 2012 – Quote of the Day

“We’ve had several false starts in this recovery. People jump on the train just before it runs off the tracks. You have to be wary about that,” said a well-known economist.

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March 7, 2012 – Quote of the Day

“We are about to do something terrible to you. We are going to deprive you of an enemy,” Soviet commentator, Georgi Arbitov, told Secretary of State George Schultz at the end of the cold war.

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March 6, 2012 – Quote of the Day

“What’s very different today is that when dividend yields are much higher than interest rates, you don’t need as much earnings growth and capital gains to have a great investment,” said professor Jeremy Siegel at the University of Pennsylvania Wharton School of Business.

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March 5, 2012 – Quote of the Day

“If you’re not busy being born, you’re busy dying,” said folk singer, Bob Dillon.

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March 2, 2012 – Quote of the Day

“If I relied on my customers to tell me what they wanted, they’d ask for faster horses,” said Henry Ford, the founder of Ford Motors.

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