“In the next recession, the US will be the worst-performing stock market in the world. We won’t see new highs again in my lifetime,” said Doubleline Capital’s Jeffrey Gundlach.
“It’s not like stocks are so compelling. It’s that there is nowhere else to put your cash. There’s a ton of capital coming in here. When it feels this easy, it’s usually time to be cautious,” said Barry Sternwood, CEO of the Starwood Capital Group.
“We have the intelligence of a moss growing on a rock compared to nature as a whole…Don’t get hung up on your views of how things should be because you’ll miss out on learning how they really are,” said hedge fund legend Ray Dalio.
"There is no more powerful thing than a free market that changes its mind," said Art Cashin, UBS Director of Floor Operations.
“Three cheers for the American auto industry and the American oil industry. This is a war that is fought with fuel and engines,” said Joseph Stalin at the Yalta Conference in 1943. The United States supplied 50% of Russia’s trucks, 80% of its oil, and 90% of its aviation gasoline during WWII.
“Some people don't like change, but you need to embrace change if the alternative is disaster.” – Said Founder of Tesla Elon Musk
“Rational people don’t risk what they have and need for what they don’t have and don’t need,” said Oracle of Omaha Warren Buffet.
In Silicon Valley, you’re either a unicorn or a dinosaur, and if you are the latter,
you are investable,” said a venture capital friend of mine.
"Nobody knew it was August 1982 until it was August 1984," said Chris Verone, head of technical analysis at research boutique Strategas.
“There is something so different in Venice from any other place in the world, that you leave all accustomed habits and everyday sights to enter an enchanted garden,” said the 19th century author Mary Shelley.
