November 16, 2023 - Quote of the Day
“Low volatility and boring. That’s the mode that investors should get used to,” said Bill Gross, Managing Director at bond giant, PIMCO.
This author has yet to write their bio.Meanwhile lets just say that we are proud DougD contributed a whooping 2471 entries.
“Low volatility and boring. That’s the mode that investors should get used to,” said Bill Gross, Managing Director at bond giant, PIMCO.
"The longer you wait to fire someone, the longer it has been since you should have fired them," said Elon Musk, founder and CEO of SpaceX and Tesla Motors.
"Go to Heaven for the climate. Go to Hell for the company," said American humorist, Mark Twain.
"In the world of business, bad news often surfaces serially. You see a cockroach in your kitchen; as the days go by, you meet his relatives," said Oracle of Omaha, Warren Buffett.
"We underestimated the negative impact of the slowdown in the housing market, and we may be underestimating the tailwind in its recovery," said Uwe Mark Ruttke of Merrill Lynch, the top financial advisor in Colorado.
When asked how he manages the time to be chairman of Microsoft, run the world's largest charity, and raise three kids, Bill Gates answered, "I don't mow the lawn."
"A strong dollar is a natural consequence of America emerging from a liquidity trap, while Europe and Japan are still stuck in one. The dollar is a growth stock, and growth stocks over time outperform utilities," said Paul McCulley, formerly the chief economist at bond giant PIMCO.
"Nobody knew it was August 1982 until it was August 1984," said Chris Verone, head of technical analysis at research boutique Strategas.
"Brains are the new tonsils. Thanks to the Internet, you don't have to know anything anymore," said comedian Paul Riser.
I watched John Thomas for a year before jumping in, and I should have done it earlier when he phenomenally traded that awful year, 2011, that whipsawed so many investors including myself. He again outperformed the market in 2012, 2013, 2014, 2015 and so far he has shown amazing skill once more in navigating treacherous
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