Category Archives: Quote of the Day

Quote of the Day: Euro Mess

Posted on March 26, 2013 by macromon

The eurozone remains stuck in a horrific mess…the strategy of competitive austerity cannot return the eurozone to economic health. It guarantees a feeble eurozone economy…the will to sustain the eurozone intact is formidable. This then is a clash between an … Continue reading →

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Quote of the Day: Good Investing

Posted on January 23, 2013 by macromon

…buy some good stock, and hold it till it goes up, then sell it. If it don’t go up, don’t buy it. – Will Rogers,  NY Times, November 1, 1929

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Wisdom For Traders

Posted on January 15, 2013 by macromon

Colm O’Shea, the great hedge fund manager of Comac Capital, has some words of wisdom for traders in Jack Schwager’s,  Hedge Fund Market Wizards. George Soros has the least regret of anyone I have ever met.  Even though he will sometimes … Continue reading →

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Quote of the Day: Feeback Loopis

Posted on January 14, 2013 by macromon

We could be stuck in a perverse equilibrium in which our absence of growth is delivering political paralysis, and the political paralysis preserves the absence of growth. – Benjamin Friedman,  Prof. of Econ, Harvard

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Quote of the Day: U.S. Leadership

Posted on January 2, 2013 by macromon

The hedge fund great weighs in on the Fiscal Cliff Deal. “No crisis, no leadership.” – Leon Cooperman,  Omega Advidors CNBC,  January 2, 2013

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Quote of the Day: The Full Monti

Posted on November 27, 2012 by macromon

For Germany, economics is a branch of moral philosophy. Growth is the prize for ethical behaviour. On the part of the individual – by saving – and on the part of the group – through budgetary equilibrium. – Mario Monti, … Continue reading →

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Quote of the Day: Government Intervention

Posted on November 19, 2012 by macromon

..in complex systems, we should limit government (and other) interventions to important matters: The state should be there for emergency-room surgery, not nanny-style maintenance and overmedication of the patient—and it should get better at the former. – Nassim Nicholas Taleb,  WSJ … Continue reading →

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Quote of the Day: Bodyguard of Lies

Posted on November 9, 2012 by macromon

In wartime, truth is so precious that she should always be attended by a bodyguard of lies. – Winston Churchill,  Tehran 1943 (click here if photo is not observable)

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Quote for a New Administration

Posted on November 7, 2012 by macromon

Time to go bold, Mr. President. “But why, some say, the moon? Why choose this as our goal? . . . Why climb the highest mountain? Why, 35 years ago, fly the Atlantic? . . . We choose to go to the moon in … Continue reading →

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Quote of the Day: Campaign Promises

Posted on November 5, 2012 by macromon

We love this story. In the closing days of the 1932 campaign, Franklin Roosevelt promised a crowd in Pittsburgh that he’d balance the federal budget while cutting “government operations” by 25 percent. Wisely, he attempted neither, but four years later … Continue reading →

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