When asked about the urban legend that the vaults at Fort Knox are empty, and that the Fed has no gold, former Federal Reserve Chairman Ben Bernanke responded,"I've been to the basement of the New York Fed. The gold is there. I've seen it."
When asked how he manages the time to be chairman of Microsoft, run the world's largest charity, and raise three kids, Bill Gates answered, "I don't mow the lawn."
?The longer you wait to fire someone, the longer it has been since you should have fired them,? said Elon Musk, founder and CEO of Space X and Tesla Motors.
When asked how he manages the time to be chairman of Microsoft, run the world?s largest charity, and raise three kids, Bill Gates answered, ?I don?t mow the lawn.?
?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.
?The future ain?t what it used to be,? said the former New York Yankees baseball manager, Yogi Berra.
?This isn?t a choice between vanilla and chocolate folks, it?s all rocky road: a few marshmallows to get you excited before the elections, but with a lot of nuts to ruin the aftermath,? said the ever insightful, Bill Gross, at PIMCO.
?Interest rates are the physical gravity of financial assets. The lower they are, the higher assets will levitate,? said Anthony Scaramucci, the founder and managing partner of SkyBridge Capital, a leading hedge fund of funds.
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?Nobody knew it was August, 1982 until it was August, 1984,? said Chris Verone, head of technical analysis at research boutique, Strategas.
?If the Fed brings a lump of coal in 2016, then they better bring some candy canes for the kids as well.? said Bill Gross, former CEO of bond giant, PIMCO.
