"If there were no way to short stocks, the probability of stock market bubbles would be much greater," said hedge fund manager, Bill Ackman, of Pershing Square.
There is growing evidence that China is starting to recover. If that happens, it is going to restart the entire global manufacturing cycle. Emerging markets have been the missing link for the entire year,” said Jim Paulsen, formerly the chief investment strategist of Wells Capital Management.
“When you’re running budget deficit of $1.6 trillion and you’re going to cut $38 billion out of it, if you were a bellhop you wouldn’t accept that as a tip,” said my former colleague at Morgan Stanley, Byron Wien of hedge fund giant Black Rock.
“You can become rich by having more than you need, or by needing less than you have,” said a wise friend.
“Nobody knew it was August 1982, the end of a bear market, until it was August 1984,” said Christopher Verrone, head of technical analysis at research boutique Strategas.
“2024 will be the fourth year of living dangerously,” said Ed Yardeni of Yardeni Research.
"The greatest glory in living lies not in never falling, but in rising every time we fall." said the great American novelist, Earnest Hemingway.
“When less experienced investors are panicking, seasoned investors see opportunities,” said legendary value investor Ron Baron.
"The greatest show on earth is happening elsewhere. Southern trade is becoming turbocharged," said Stephen King, chief economist at HSBC, about the enormous new trading routes forming between Asia and Latin America, who calls the network the "Southern Silk Road"
“If we’re in a bubble, then we’ll act bubbly,” said legendary hedge fund manager, David Tepper.
