"Investing and investment is the one sphere of life where victory, security, and success are always to the minority and never to the majority. When you find anyone agreeing with you, change your mind," said the famous economist, John Maynard Keynes.
"The red light on a television camera going on has the same effect on members of congress as a full moon does on werewolves." said former Secretary of Defense, Robert Gates.
"He who sacrifices freedom for security deserves neither" said Benjamin Franklin, the Revolutionary War US ambassador to Paris and signer of the Declaration of Independence.
"Short term volatility creates long term opportunity," said Rupal Bhansali, of the Ariel International Fund.
"You make the most money when things go from terrible to only bad." said Tim Seymour of emerging market hedge fund, Triogem Asset Management.
"Bonds are priced artificially because you've got some guy buying tens of billions of dollars worth a month. That will change at some point, and when it does, people are going to lose a lot of money." said Oracle of Omaha, Warren Buffett.
"I only invest in beer drinking countries, never wine drinking countries," said Ben Horowitz, co-founder of venture capital firm Andreeson Horowitz.
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"By historic, fundamental measures, stocks are extremely high. PE multiples are at 100 years highs. But if you look at stock prices relative to interest rates, they are exactly where they should be" said hedge fund legend, Stanley Druckenmiller.
"The rule of thumb is to do your homework, do your analysis, don't give up prudent risk management for the sake of certain fads. Look for real valuations, and stay true to your time frames," said Marc Chandler, the global head of currency strategy at Brown Brothers Harriman.
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