?I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.? said oracle of Omaha, Warren Buffett.
?We don?t want to go from Wild Turkey to cold turkey overnight,? said Richard Fisher, president of the Dallas Federal Reserve.
?It?s basically evil, and I don?t think it should ever be allowed to reach the size that it did. Why should everyone pay a small group of people to basically engage in legalized front running of our orders,? said Berkshire Hathaway Vice Chairman, Charlie Munger, about high frequency trading.
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?I don?t know who spends more, Democrats or Republicans, but Democrats seem to enjoy it more,? said former Federal Reserve governor, Bob McTeer.
?The private economy is OK here. It is absorbing these body blows from Washington. Housing and energy could offset the shenanigans coming out of there,? said Stephen Wood, CIO with Russell Investments Group.
?The longer that we see consistent returns in the stock market without messy 20% pullbacks, the more people are going to feel safe owning equities, and the more likely money comes out of bonds,? said Tom Lee of Fundstrat Global Advisors.
?The question is not whether Tesla will sell 37,000 or 40,000 cars this year, but whether they will sell 14 million or 15 million in 15 years. I believe they can do it,? said Ron Baron of long-term value player, Baron Capital.
?Asking if Hillary Clinton is going to run for president in 2016 is like asking if John Dillinger is going to rob a bank,? said conservative commentator, Mike Murphy.
?When you look at the size of the US work force over the next 30 years, it is going to increase by 30%. That compares to Japan, where it is going to be shrinking, Europe, where it is contracting, and even China, where it turns down. The idea that the baby boomers are going to overwhelm this huge growth in the work force is a myth,? said Scott Minerd, Managing Partner of Guggenheim Partners.
?Economic forecasting exists to make astrologers look good,? said for Secretary of Labor, Robert Reich.
