“Fair value doesn’t mean you have to go down. It just means you have to be cautious,” said hedge fund legend David Tepper of Appaloosa Management.
“When the Dow was down 3,600 points I felt like hugging our computers. The combination of man and machine is wonderful…Computers, math and game theory are the best decision makers there are,” said Bridgewater founder Ray Dalio.
“I’m prepared to eat our children because if I don’t, somebody else will,” said Sir Martin Sorrell about the extreme competitiveness of online marketing.
“The French have more fun in one year than the English do in 10,” said John Adams, America’s second president, and one-time ambassador to Paris and London.
“Honesty was never a profit center on Wall Street,” said James Grant of Grant’s Interest Rate Observer.
"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 not always the troops that storm the beaches who are the right ones to set up the government," said Steve Vassallo from Foundation Capital about the resignation of founder Travis Kalanick from Uber.
"Investing now is like taking a shower while Norman Bates is somewhere in your house," said Jim McTague, a journalist at Barron's.
"This is very bullish for markets. It's bullish for markets intermediate term. Before, I thought we were in the seventh inning of a four-year bull market. Two waiters just came in and delivered another punch bowl. We're going into extra innings, baby," said Stanley Druckenmiller formerly of hedge fund Duquesne Capital Management, about the Fed's decision not to taper.
"If you can't make yourself loved, make yourself feared," said Mayer Amschel Rothschild, founder of the banking dynasty.
