The market has gone from “Buy the dip and sell the rip” to “Buy the dip and buy the rip,” said Dennis Dick, a professional trader.
“If you’re a retail CEO and the tariff announcement comes, you’re on your front porch looking for a cloud of locusts,” said Charlie O’Shea, a retail debt analyst at Moody’s.
“Send us your freaks,” said an Amazon human resources executive
to a temp agency during its early days.
“If massive government spending was the secret to economic success, then Venezuela would be ruling the world. Massive government spending is no indicator of economic success,” said Charles Bobrinksoy of Ariel Investments.
“The market is untradable now. We are one tweet away from a new all-time high, or a 10% correction,” said a hedge fund friend of mine.
"When it comes down to data or anecdotes when making a management decision, the anecdotes are usually right," said Jeff Bezos, the founder of Amazon.
“You want to be in the stock in the second inning of the ballgame, and out in the seventh. That could be 30 years,” said legendary value stock manager Peter Lynch.
"Good fortune is often more fatal than adversity," said the 18th century German emperor, Frederick the Great.
“No one is line dancing over the fact that the market is at 4,000. No one feels good about it. The market likes to climb a wall of worry, and the stonemason has been hard at work. So, I think we continue to grind higher,” said Jason Trennert, chief investment strategist at Strategas Research Partners.
“The moment you think you have the key to the market, they change the locks,” says an old Wall Street proverb.
