"In Italy, for 30 years under the Borgias, they had warfare, terror, murder and bloodshed, but they produced Michelangelo, Leonardo da Vinci and the Renaissance. In Switzerland they had brotherly love, they had 500 years of democracy and peace - and what did that produce? The cuckoo clock,? said the filmmaker, Orson Wells.
"There is tremendous amounts of money sitting on the sidelines. There is enormous M&A activity. The greatest thinkers in the corporate world are saying that it is cheaper to buy than to build. This says to me that the stock market still has value in it. We?re a long way from expensive,? said Milton Ezrati, senior economist and market strategist for money management giant, Lord Abbett.
"The Fed is not worried about inflation in the next few years and wants growth first, growth second, and growth third. With the stabilization of Europe, the apparent pick up in China, and a US economy still on a reasonable footing, the Fed's heavy leaning to a growth policy should lead to a pretty favorable environment for the markets," said legendary hedge fund manager, David Tepper, of Appaloosa Management.
?The barriers to Wall Street are quite low, once you have the Ivy League credentials. If you?re a certain kind of kid who doesn?t actually know anything about anything, Wall Street is still a great place to go,? said Michael Lewis, author of ?The Big Short.?
?He worked as if he would live forever. He lived as if he would die tomorrow?, said a note found in Franklin Delano Roosevelt?s private papers after he died.
?
?If you advertise an interest in buying collies, a lot of people will call hoping to sell you their cocker spaniels,? said Oracle of Omaha, Warren Buffet.
?A bet on ever-rising US prosperity is very close to a sure thing,? said Oracle of Omaha Warren Buffett.
?Though the preachers of pessimism prattle endlessly about America?s problems, I?ve never seen one who wishes to emigrate (though I can think of a few for whom I would happily buy a one-way ticket), said Oracle of Omaha Warren Buffet.
?The economy without debt is like major league baseball without steroids,? said Jack Ablin, chief investment officer of BMO Private Bank.
"The level of fact available from news services is way less than it once was,? said Roger McNamee, co-founder of venture capital fund Elevation Partners.