"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.
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.