Tag Archives: Quotes

QOTD: Druckenmiller On The Squirrelly Markets

Q:  What to you is a logical macro trade at this stage of the cycle?  – Bloomberg A:  Logical doesn’t mean profitable – Stan Druckenmiller, 32.33 minutes (QOTD = Quote of the Day)

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QOTD: On Risk

Risk does not like prophets. It’s not even fond of historians. You can plan for every risk except the things that are too crazy to cross your mind. —  Morgan Housel

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QOTD: Paul Tudor Jones

Note, no mention of “recession”, the trigger for the cheerleaders.  The bear market of    1962 and 1987 occurred with robust economic growth. You look at every bear market and they’ve always basically occurred because of an uptick in inflation … Continue reading

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QOTD: Soros On Volatility

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QOTD: One Consequence Of Fake News & A Big One

Denying an existential threat threatens our existence. – The Guardian   “Fake news” has never really meant “This is a lie.” It’s tribal signaling. It means, “I give you permission to ignore this fact that’s not good for our team.” … Continue reading

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QOTD: Bannon Now Outside The Tent

Joel is a Breitbart editor. They're going thermonuclear, I'm told. Story tk on Axios. https://t.co/92z4nrZnbT — Jonathan Swan (@jonathanvswan) August 18, 2017 One theme I'm picking up: Bannon believes next battle is *not* w/ Trump but w/ Kushner/Cohn/Dina/HR McMaster. "Save … Continue reading

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Quote of the Day: Good Investing

…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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Quote of the Day: Bodyguard of Lies

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 of the Day: Beautiful Credit!

‘I wasn’t worth a cent two years ago, and now I owe two millions of dollars.’ –  Mark Twain,  The Gilded Age

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