"If I had a ticket to Heaven, and you didn't have one, I'd give it away and go to hell with you," said president Ronald Reagan to retiring House Majority leader Tip O'Neal.
"Going to weddings and funerals is part of being a financial advisor," said Theresa Chacopulos of Wells Fargo Private Banking, the top-producing financial advisor in Arizona.
“Interest rates are gravity. When they are zero, shares prices can go to infinity. When they are high, as they were during the early 1980’s, the gravitational pull can be very strong,” said Oracle of Omaha, Warren Buffet.
“Nothing good ever happens under the 200-day moving average,” said my old friend, hedge fund legend Paul Tudor Jones.
"Forget what you know about buying fair businesses at wonderful prices. Instead, buy wonderful business at fair prices," said Oracle of Omaha, Warren Buffett.
“The investor in America sits at the bottom of the food chain,” said John C. Bogle, founder of the Vanguard Group of index funds.
“We’ve seen the S&P 500 drop 50% twice in the last 15 years. That is the new normal”, said Richard Kang of Emerging Global Advisors.
“It’s a terrible mistake to own something, just because somebody else owns it, even if that other persona is Benjamin Graham, the head of investing,” said Oracle of Omaha, Warren Buffett.
“China thinks strategically. We think reactively,” said Stephen Roche, former chairman of Morgan Stanley Asia, and my friend and former mentor.
“Whatever worry you have, if it’s inflation, if it's recession, if it's depression, if it’s the National Debt, gold is the answer,” said my friend John Paulson.