?Investing is the only endeavor in which victory goes to the minority,? said the great economist, John Maynard Keynes.
?If there were no way to short stocks, the probability of stock market bubbles would be much greater,? said hedge fund manager, Bill Ackman, of Pershing Square.
?A big part of good investing is to buy uncertainty and sell complacency,? said Robert Luna, CEO of SureVest Capital Management.
?Few people think more than two or three times a year; I have made an international reputation for myself by thinking once or twice a week,? said the Irish Nobel Prize winning playwright and cofounder of the London School of Economics, George Bernard Shaw.
?The circulation of confidence is better than the circulation of money,? said president James Madison, America?s fourth president.
?Something is going to be passed by the congress. The only question is, will it happen before, or after a bond market crisis. There?s no alternative,? said Dr. Alan Greenspan, former chairman of the Federal Reserve.
?Tesla (TSLA) is running faster than everyone else, so it?s hard to see how others can close the gap. I think the market smells this,? said Colin Rusch of Northland Capital Markets, and early investor in the Tesla IPO.
?No one is line dancing over the fact that the market is at 1,630. No one feels good about it. The market likes to climb a wall of worry, and the mason has been hard at work. So I think we continue to grind higher,? said Jason Trennert, chief investment strategist at Strategas Research Partners.
?I served seven years as the chair of the Princeton Economic Department where I had responsibility for major policy decisions, such as whether to serve bagels or doughnuts at the department coffee hour, said chairman of the Federal Reserve, Ben Bernanke.
?The sentiment in the bond market now is basically fear and loathing. People have gone from ?I don?t care about volatility, I want income? to ?I don?t care about income, I don?t want volatility,? said Jeffrey Gundlach, CEO and CIO of bond manager DoubleLine.
