“If you have the word “broker” in your job title the Internet is going to disintermediate you,” said Scott McNealy, founder of Sun Microsystems.
“At last the lake burst upon us—a noble sheet of blue water walled in by a rim of snow clad mountain peaks….as it lay there with the shadows of the mountains brilliantly photographed on its surface I thought it surely be the fairest picture the whole earth affords,” said the American writer, Mark Twain, on his first sight of Lake Tahoe in 1861, pictured below.
“You make the most money when things go from terrible to only bad,” said Tim Seymour of emerging market hedge fund, Triogem Asset Management.
To prove that The Diary of a Mad Hedge Fund Trader only deals with the highest quality, top drawer clientele, I want to share the picture below sent in by a subscriber.
"There is tremendous amounts of money sitting on the sidelines. There is enormous M&A activity. The greatest thinkers in the corporate world are saying that it is cheaper to buy than to build. This says to me that the stock market still has value in it. We're a long way from expensive," said Milton Ezrati, senior economist and market strategist for money management giant, Lord Abbett.
“Getting information off the Internet is akin to trying to sweep back the ocean with a broom,” said Ray Kurzweil, director of engineering at Google.
“It’s going to be a shock when we wake up one morning and learn that China got to the moon while we were suing each other,” said Elon Musk, founder of PayPal, Space X, Tesla, Solar City, The Boring Company, Neuralink, and owner of “X”, the former Twitter.
“Data is worth more than gold,” said Elon Musk, founder of PayPal, Space X, Tesla, Solar City, The Boring Company, Neuralink, and owner of “X”, the former Twitter.
“You want to hire the guy with an IQ of 130 who thinks it’s 120. The guy whose IQ is 150 but thinks it’s 170 will kill you every time.”
said Warren Buffet’s partner, Charlie Munger.
“What I needed to get a head was to outperform the idiots. Fortunately, there is a large supply of idiots,” said Warren Buffet’s lat partner, Charlie Munger.