Category Archives: Quotes

Quote of the Day: Stock Gurus

The secret to being a stock market guru isn’t to be correct but to make very loud and frequent predictions. As soon as the market moves in your direction you proclaim victory. The key is to make sure that no … Continue reading

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Quote(s) of the Day: Living in (Sur)reality

“Greece is solvent” — Juergen Stark,  ECB Chief Economist ¡Defenderé el peso como un perro! – “I will defend the peso like a dog!” – José López Portillo,  President of Mexico 1976-82 Liquid?  Yes.  Solvent?  No, unless Greece is willing … Continue reading

Posted in Black Swan Watch, Euro, Quote of the Day, Quotes, Sovereign Debt, Sovereign Risk | Tagged , , , | 3 Comments

Quote of the Day

LBJ has a treasure and given our economics background,  this is one of his best, Making a speech on economics is a lot like pissing down your leg. It seems hot to you, but it never does to anyone else. … Continue reading

Posted in Economics, Quote of the Day, Quotes | Tagged , | 2 Comments

Quote of the Day

“There are definitely times when you don’t want to get in front of a bullish freight train or catch a falling knife. If one doesn’t get you the other one will. The crowd is right during the trends, but wrong at … Continue reading

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Quote of the Day

“In a country well governed, poverty is something to be ashamed of. In a country badly governed, wealth is something to be ashamed of.” –  Confucius      circa 540 BC

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