?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.?
?I think we?re headed towards VAT taxes. It?s only a question of how long it takes for them to wake up and figure it out. You can?t tax the wealthy enough to close the budget deficit we have,? said Leon Cooperman of hedge fund Omega Advisors.
?It's very difficult to navigate a business through a paradigm shift. You must hard wire your system to second guess all the time, questioning what is next, and then what is next. You've got to retain optionality for both investment portfolios and the business your run to navigate this well,? said Mohamed El-Erian, co-chairman of the bond house PIMCO.
?Never go to a fight you are invited to,? said famed short player, Jim Chanos, of Kynikos Associates.
?It used to be that the big ate the small. Now it?s the fast that eat the slow,? said business guru, Jason Jennings.
?The market always gets it right,? said Jim O?Neill, the chairman of Goldman Sachs International, who coined the term ?BRIC?.
?Japan has gone from Paul Volcker to Ben Bernanke overnight,? said legendary hedge fund manager, Stan Drukenmiller.
I can tell you from talking to institutions that, after 13 years of having their hearts broken by the stock market, they are still leery of stocks even with the recent rally,? said Howard Marks, founder of distressed debt giant, Oaktree Capital Management.
?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.
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