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In economics, things take longer to happen than you think they will, and then they happen faster than you thought they could.
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Tag Archives: Quotes
QOTD: Walt Whitman
QOTD: Quote of the Day Happiness, not in another place but this place… not for another hour but this hour – Walt Whitman, “A Song for Occupations,” Leaves of Grass
QOTD: Churchill On Truth
QOTD: Quote of the Day The truth is incontrovertible. Panic may resent it, ignorance may deride it, malice may distort it, but there it is. — Winston Churchill, HOUSE OF COMMONS, May 17th 1916
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)
Posted in Quote of the Day, Uncategorized
Tagged Global Macro, Global Macro Trades, Quotes, Stan Druckenmiller
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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
Posted in Black Swan Watch, Quote of the Day, Uncategorized
Tagged Morgan Housel, Quotes, risk
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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
Posted in Inflation/Deflation, Interest Rates, Uncategorized
Tagged Bear Market, Inflation, Interest rates, Paul Tudor Jones, Quotes
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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
Posted in Quote of the Day, Uncategorized
Tagged Climate Change, Quotes, The Guardian
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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
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