?Seek the truth, and let the chips fall where they may,? Said White House Correspondent, Helen Thomas, about her profession, adding ?I?m a cynic with hope.?
?Confidence is like oxygen. You don?t notice until it?s gone, and then it?s the only thing you notice,? said Oracle of Omaha, Warren Buffet.
?There is no need to avoid temptation. As you get older, temptation prefers to avoid you,? said the wartime prime minister,? Winston Churchill.
It amazes me how quickly amnesia sets in,? said Stephen Crawford, former co-president of Morgan Stanley, about the willingness of hedge funds to re-leverage positions in these conditions.
?Freedom of the press is only true if you own a press,? said A.J. Liebling, a famed journalist for the New Yorker.
?Revenues stink in the banking area. This decade will be the worst for revenue growth since the Great Depression,? said Mike Mayo, the controversial banking analyst at the Asian broker and research house, CLSA.
?I?m so done with the Fed,? said exasperated CNBC market commentator, Maria Bartiromo.
?Apple is the biggest no brainer in the history of the earth. It just makes no sense for it to trade where it is; seven times enterprise value to free cash flow, 14% free cash flow yield to enterprise value, and 10% simple free cash flow yield. If Apple were a junk bond it would trade 40% higher,? said Bill Miller, the legendary fund manager at Legg Mason
?Farce reigns and risk aversion rises,? Kit Juckes, global strategist at Societe Generale SA in London, wrote in a note to clients. ?The U.S. is still heading towards a shutdown, the Italian government is heading for a confidence vote that probably precedes elections. Yen up, euro down.?
?For several decades on Wall Street, the short term sensibility has been encouraged and compensated very highly,? said Michael Lewis, author of ?The Big Short.?
