Monday’s Columbus Day Markets End In The Red – $ENPH $INMB $SHIP $TSLA $XBI Rise!

Happy Monday!

I hope that you are having an amazing Columbus Day holiday.  As for the markets, they started off well enough heading into the green for the first part of the day, but around 1 pm eastern the markets headed down and ended in the red across the board & at the low of the day.  Investors did not receive any macroeconomic data and the bond markets were closed to boot in honor of the holiday, which combined to help reduced the number of market participants and conviction in the markets.  As a result, the S&P 500 closed at 4,361.20 (-.69%), the Dow 30 closed at 34,496.06 (-.72%), & the Nasdaq closed at 14,486.20 (-.64%) as 9 of the 11 sectors closed in the red with only the materials sector ending up by .3% and the real estate sector ending up .2%. The small caps on the Russell 2000 also moved down closing at 2,225.51 (-.34%), which was in synch the MicroCaps as the iShares Micro-Cap ETF (IWC) closed at $144.94, (-.34%). The mar

Oil prices jumped to close higher once again at $80.43/bbl, +1.3% as OPEC+ continues to play their manipulative and inflationary games with this commodity. 

Tomorrow’s macroeconomic schedule will produce the NFIB Small Business Optimism Index report for September and the JOLTS – Job Openings report for August.

GOLD/SILVER DROPS

The precious metals markets ended with gold prices closing at $1,755, -$4/oz. and silver closed at $22.60, -$.09/oz.

BIOTECH MIXED

The SPDR S&P Biotech ETF (XBI) closed at $1234.021, +1.47%, the iShares Nasdaq Biotechnology ETF (IBB) closed at $154.51, -.35% & the NYSE ARCA Biotech Index (^BTK) closed at 5,572.22, -.52%.

IShares of INmune Bio (NASDAQ: INMB) closed at $17.84, +3.24% on Monday. I hosted a FREE Tribe Public Presentation and Q&A event with INMB management,  Thursday, September 30. INmune Bio’s (NASDAQ: INMB) CEO Dr. Raymond J. Tesi, MD and CFO David J. Moss delivered their presentation titled “Improving White Matter Integrity In Alzheimer’s Disease” & and were available for a brief Q&A session. Please view the video now to learn more. 

AAPL, DISNEY, TSLA…

Shares of The Walt Disney Company (DIS) closed at $173.52, -1.82%. Disney will discuss fiscal full year and fourth quarter 2021 financial results via a live audio webcast beginning at 4:30 p.m. ET / 1:30 p.m. PT on Wednesday, November 10, 2021. Results will be released after the close of regular trading on November 10, 2021. To listen to the webcast, please visit www.disney.com/investors.

Tesla (TSLA) closed at $791.94, +.82%. On Monday, Tesla announced the production of approximately 238,000 vehicles & the delivery of over 240,000 vehicles in Q3. 

Apple (AAPL) closes at $142.81, -.06%.  Reportedly, Apple, whose CarPlay interface is used by motorists to control music, get directions & make phone calls, is now seeking looking increase its reach within cars. 

Shares of Microsoft Corp. (MSFT) closed at  $294.23, -.21%. According to Bloomberg, Former Amazon.com Inc. cloud computing executive Charlie Bell began his new role Monday working on cybersecurity issues at Microsoft Corp. after the rival companies resolved a dispute regarding the limits of his job, Microsoft said.

MEMES WATCH

AMC Entertainment (AMC) closed at $37.25, +.16%.  On Monday, Fathom Events, one of the top distributors of content to movie theaters in North America, which is owned by AMC Entertainment Inc. (NYSE: AMC); Cinemark Holdings, Inc. (NYSE: CNK); and Regal Cinemas, a subsidiary of the Cineworld Group (LSE: CINE.L), grossed more than $3.2 million dollars at the US box office this week marking its first multi-million sales week since COVID 19 shuttered theaters. God’s Not Dead: We The People (Pinnacle Peak Pictures) grossed close to $1.2MM over a three-day window, Studio Ghibli Fest 2021: Spirited Away 20th Anniversary (GKIDS) grossed over $865,000, After We Fell (Voltage Pictures) grossed $842,000, Universal Monsters: Dracula & Frankenstein Double Feature (Universal Pictures) grossed $151,000, and The Evil Dead 40th Anniversary (Grindhouse Releasing) reported a box office of $199,000.

GameStop (GME) closed at $178.10, +3.14%.  

Virgin Galactic Holdings (SPCE), a vertically integrated aerospace and space travel company, closed at $23.22, +.43%.  On September 29th, Virgin Galactic announced that it is cleared to fly FAA-licensed spaceflights following the conclusion of an FAA inquiry that focused on air traffic control clearance and real-time mission notification related to the Unity 22 flight in July.

Shares of infamous ‘meme brokerage’ firm Robinhood Markets, Inc., (HOOD) closed at $42.07, +.69% & above the $38 IPO offering price. HOOD had 22.5 million funded accounts at the end of June.

Shares of Seanergy Maritime Holdings Corp. (SHIP) closed at $1.41, +2.17%.

ENPH HOPS

Enphase Energy (ENPH) moved up 4.47% to close at $161.26. No news surfaced today, but on October 4, Enphase, a global energy technology company and the world’s leading supplier of microinverter-based solar-plus-storage systems, today announced it has further strengthened its presence in the European residential solar market with its expansion into Italy. Enphase will provide the IQ 7™ family of microinverters to residential installers across Italy. The Enphase microinverter systems for Italy include the IQ 7 family of microinverters, the Q-Relay™ safety devices, and the Enphase Envoy™ communications gateways, which connect Enphase systems to the Enphase Enlighten™ monitoring platform and make per-panel energy monitoring and insights for operations and maintenance easy. The Enphase microinverter systems meet Italy’s stringent regulatory requirement (CEI 0-21).

Economic Reports

• On Monday,  no macroeconomic reports surfaced in honor of the the Columbus Day holiday.

Investing & Inspiration

1. “If I had to live my life again, I’d make the same mistakes, only sooner.” – Tallulah Bankhead
2. “The deal machinations many companies put themselves through, while certainly a bonanza for investment bankers, can confound the typical investor.” – Whitney Tilson
3. “Nothing is impossible, the word itself says ‘I’m possible’!” – Audrey Hepburn
4. “Procrastination is the art of keeping up with yesterday.” – Don Marquis

5. “Do not fear mistakes. You will know failure. Continue to reach out.” – Benjamin Franklin

6. “Success is peace of mind which is a direct result of self-satisfaction in knowing you did your best to become the best you are capable of becoming.” – John Wooden

7. “One fails forward toward success.” – Charles Kettering

8. “The greater danger for most of us lies not in setting our aim too high and falling short; but in setting our aim too low, and achieving our mark.” – Michelangelo
9. “I hear and I forget. I see and I remember. I do and I understand.” – Confucius
10. “I’m a very strong believer in listening and learning from others.” – Ruth Bader Ginsburg
11. “Blessed are those who give without remembering and take without forgetting.” – Elizabeth Bibesco
12. “As you walk down the fairway of life you must smell the roses, for you only get to play one round.” – Ben Hogan
13. “Progress is man’s ability to complicate simplicity.” – Thor Heyerdahl
14. “Economics is all about consumption. People either spend money now or they use financial instruments – like bonds, stocks and savings accounts – so they can spend more later.” – Adam Davidson
15. “Ever tried. Ever failed. No matter. Try Again. Fail again. Fail better.” -Samuel Beckett
16. “In the post-industrial economy, ideas and great minds often provide far greater return on investment than any other resources or capital investments.” – Marvin Ammori
17. “Work like you don’t need the money. Love like you’ve never been hurt. Dance like nobody’s watching.” – Satchel Paige
18. “One of the rules I’ve learned is that struggling to try and think your way into making an investment is usually the best way to not have a great outcome.” – Stephen A. Schwarzman
19. “The secret of business is to know something that nobody else knows.” – Aristotle Onassis
20. “It takes a long time to grow an old friend.” – John Leonard
21. “Life is a dream for the wise, a game for the fool, a comedy for the rich, a tragedy for the poor.”– Sholom Aleichem
22. “The truth is you don’t know what is going to happen tomorrow. Life is a crazy ride, and nothing is guaranteed.” – Eminem
23. “Man is only great when he acts from passion.” – Benjamin Disraeli
24. “We need to stop thinking about infrastructure as an economic stimulant and start thinking about it as a strategy. Economic stimulants produce Bridges to Nowhere. Strategic investment in infrastructure produces a foundation for long-term growth.” – Roger McNamee
25. “We must let go of the life we have planned, so as to accept the one that is waiting for us.” – Joseph Campbell
26. “Put your heart, mind, and soul into even your smallest acts. This is the secret of success.” – Swami Sivananda
27. “I can’t change the direction of the wind, but I can adjust my sails to always reach my destination.” – Jimmy Dean
28. “Companies have too many experts who block innovation. True innovation really comes from perpendicular thinking.” – Peter Diamandis
29. “By failing to prepare, you are preparing to fail.” – Benjamin Franklin
30. “We cannot solve our problems with the same thinking we used when we created them.” – Albert Einstein
31. “When you’re an investor, you can look at the quantitative and qualitative elements of an investment, but there’s a third aspect: What you feel in your gut.” – Kevin O’Leary
32. “Set your course by the stars, not by the lights of every passing ship.” – Omar N. Bradley
33. “Do not take life too seriously. You will never get out of it alive.” – Elbert Hubbard
34. “Education is not only a ladder of opportunity, but it is also an investment in our future.” – Ed Markey 
35. “Every good painter paints what he is.” – Jackson Pollock
36. “If you believe in yourself and have dedication and pride – and never quit, you’ll be a winner. The price of victory is high but so are the rewards.” – Bear Bryant
37. “Your mindset matters. It affects everything – from the business and investment decisions you make, to the way you raise your children, to your stress levels and overall well-being.” – Peter Diamandis
38. “You cannot have a positive life and a negative mind.” – Joyce Meyer 
39. “Like wildebeest and zebra migration across the Serengeti, investment managers and consultants, too, have a habit of running together and, every now and then, changing direction.” – Sanjaya Baru
40. “If people are anything but enthusiastic about the information or ideas that they’re sharing, they’re either not that invested in what they’re doing – or they’re not communicating that investment effectively.” – Ana Kasparian 
41. “Life consists not in holding good cards but in playing those you hold well.” – Josh Billings 
42. “Friend, there’s no greater investment in life than in being a people builder. Relationships are more important than our accomplishments.” – Joel Osteen
43. “It’s only natural that the heavy users help contribute to the investment to keep the Web healthy. That is the most important concept of net neutrality.” – Lowell McAdam
44. “The more sand that has escaped from the hourglass of our life, the clearer we should see through it.” – Jean Paul 

45. “Eliminate emotion from your investment program.” -John C. Bogle

46. “Modern medical advances have helped millions of people live longer, healthier lives. We owe these improvements to decades of investment in medical research.” – Ike Skelton
47. “In every investment, before I get involved or invest, I always see what the mindset of the founder, the CEO, is.” – Zaza Pachulia
48. “An investment said to have an 80% chance of success sounds far more attractive than one with a 20% chance of failure. The mind can’t easily recognize that they are the same.” – Daniel Kahneman
49. “The return on investment in global health is tremendous, and the biggest bang for the buck comes from vaccines. Vaccines are among the most successful and cost-effective health investments in history.” – Seth Berkley
50. “Few things in the world are more powerful than a positive push. A smile. A world of optimism and hope. A ‘you can do it’ when things are tough.” – Richard M. DeVos
51. “To be yourself in a world that is constantly trying to make you something else is the greatest accomplishment.” – Ralph Waldo Emerson
52. “We all have dreams. But in order to make dreams come into reality, it takes an awful lot of determination, dedication, self-discipline, and effort.”  – Jesse Owens
53. “The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.” – William Arthur Ward- American Writer, Born 1921
54. “Once you replace negative thoughts with positive ones, you’ll start having positive results.” – Willie Nelson
55. “The secret of your future is hidden in your daily routine.” – Mike Murdock
56.  “If somebody puts you down or criticizes you, just keep on believing in yourself and turn it into something positive.” – Leah LaBelle
57. “Opportunity is missed by most people because it is dressed in overalls and looks like work”. -Thomas A. Edison
58. “Education is not only a ladder of opportunity, but it is also an investment in our future.” – Ed Markey

59. “Human behavior flows from three main sources: desire, emotion, and knowledge.” – Plato

60. “We are what our thoughts have made us; so take care about what you think. Words are secondary. Thoughts live; they travel far.” – Swami Vivekananda
61. “Success is not final, failure is not fatal: it is the courage to continue that counts.” – Winston Churchill

62. “If you don’t know where you are going, any road will get you there.” – Lewis Carroll

63. “Don’t worry about being a star, worry about doing good work, and all that will come to you.” – Ice Cube

64. “It is not in the stars to hold our destiny but in ourselves.” – William Shakespeare

65. “Prediction is very difficult, especially if it’s about the future.” – Niels Bohr (Danish Physicist)

66. “It is indeed true that the stock market can forecast the business cycle.” -Paul Samuelson

67. “The wisest rule in investment is: when others are selling, buy. When others are buying, sell. Usually, of course, we do the opposite. When everyone else is buying, we assume they know something we don’t, so we buy. Then people start selling, panic sets in, and we sell too.” – Jonathan Sacks

68. “What lies behind you and what lies in front of you, pales in comparison to what lies inside of you.” – Ralph Waldo Emerson
69. “Each new generation born is in effect an invasion of civilization by little barbarians, who must be civilized before it is too late.” – Thomas Sowell
70. “Life is 10% what happens to you and 90% how you react to it.” – Charles R. Swindoll
71. “The truth is you don’t know what is going to happen tomorrow. Life is a crazy ride, and nothing is guaranteed.” – Eminem

72. “View health as an investment, not an expense.” – John Quelch

73. “Opportunity does not knock, it presents itself when you beat down the door.” – Kyle Chandler

74. “If you don’t know where you are going, any road will get you there.” – Lewis Carroll
75. “Once you replace negative thoughts with positive ones, you’ll start having positive results.” – Willie Nelson
76. “That which does not kill us makes us stronger.” – Friedrich Nietzsche
77. “Nothing in life is to be feared, it is only to be understood. Now is the time to understand more, so that we may fear less.” – Marie Curie
78. “A problem is a chance for you to do your best.”–  Duke Ellington
79. “The best way to predict the future is to create it.” -Peter Drucker
80. “I’m involved in the stock market, which is fun and, sometimes, very painful.” – Regis Philbin
81. “Who owns the future? This is the question at the heart of every stock market.” – John Landgraf
82. “One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute.” – William Feather
83. “While I’m sure some millennials are concerned with the ethical issues involved in mining for diamonds, the main reason they steer clear of the gems is because, well, they’re a dumb investment.” – Ana Kasparian
84. “The wisest rule in investment is: when others are selling, buy. When others are buying, sell. Usually, of course, we do the opposite. When everyone else is buying, we assume they know something we don’t, so we buy. Then people start selling, panic sets in, and we sell too.” – Jonathan Sack
85. “We must shift our thinking away from short-term gain toward long-term investment and sustainability, and always have the next generations in mind with every decision we make.” –  Deb Haaland
86. “The only way to have a friend is to be one.” –  Ralph Waldo Emerson
87. “If you believe in yourself and have dedication and pride – and never quit, you’ll be a winner. The price of victory is high but so are the rewards.” – Bear Bryant

88. “Investing in women’s lives is an investment in sustainable development, in human rights, in future generations – and consequently in our own long-term national interests.” -Liya Kebede

89. “Success is not final, failure is not fatal: it is the courage to continue that counts.”– Winston Churchill

90. “Our greatest glory is not in never falling, but in rising every time we fall.” – Confucius

91. “Give me a lever long enough and a fulcrum on which to place it, and I shall move the world.” – Archimedes
92. “Who controls the past controls the future. Who controls the present controls the past.” – George Orwell
93. “If you get up in the morning and think the future is going to be better, it is a bright day. Otherwise, it’s not.” – Elon Musk
94. “The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.” – William Arthur Ward
95. “Start where you are. Use what you have. Do what you can.” – Arthur Ashe
96. “Netflix, Amazon, iTunes – whatever platforms emerge – we are looking at as having the same potential that home video had for the movie business. Which means there are entirely new opportunities to monetize our capital investment in content and do so in ways that work for distributors, for consumers and for creators.” – Bob Iger

97. “When you have no one to answer to, vendetta as investment strategy is as legitimate as anything.” – Carl Icahn

98. “No other investment yields as great a return as the investment in education. An educated workforce is the foundation of every community and the future of every economy.” – Brad Henry
99. “In my view, the biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital. Not only is the mere drop in stock prices not risk, but it is an opportunity. Where else do you look for cheap stocks?” – Li Lu

100. “Modern medical advances have helped millions of people live longer, healthier lives.

101. We owe these improvements to decades of investment in medical research.”– Ike Skelton

102. “Stock market goes up or down, and you can’t adjust your portfolio based on the whims of the market, so you have to have a strategy in a position and stay true to that strategy and not pay attention to noise that could surround any particular investment.” – John Paulson

103. “Your mindset matters. It affects everything – from the business and investment decisions you make, to the way you raise your children, to your stress levels and overall well-being.” – Peter Diamandis
104. “Inflation destroys savings, impedes planning, and discourages investment. That means less productivity and a lower standard of living.” – Kevin Brady
105. “Bitcoin, in the short or even long term, may turn out be a good investment in the same way that anything that is rare can be considered valuable. Like baseball cards. Or a Picasso.” – Andrew Ross Sorkin
106. “I think you have to learn that there’s a company behind every stock and there’s only one real reason why stocks go up. Companies go from doing poorly to doing well or small companies grow to large companies.” – Peter Lynch
107. “Historically, there has been a bull market in the commodities every 20 or 30 years.” – Jim Rogers
108. “The markets generally are unpredictable, so that one has to have different scenarios. The idea that you can actually predict what’s going to happen contradicts my way of looking at the market.” – George Soros
109. “Stop trying to predict the direction of the stock market, the economy or the elections.” – Warren Buffett
110. “An important key to investing is to remember that stocks are not lottery tickets.” – Peter Lynch
111. “Learn everyday, but especially from the experiences of others. It’s cheaper!” – John Bogle
112. “When purchasing depressed stock in troubled companies, seek out the ones with the superior financial positions and avoid the ones with loads of bank debt.” – Peter Lynch
113. “No stock price is too low for bears or too high for bulls.” – John F. Heerdink, Jr.

114. “Investment is most successful when it is most businesslike.” – Ben Graham

115. “Value stocks are about as exciting as watching grass grow, but have you ever noticed just how much your grass grows in a week?” – Christopher Browne

116. “Even the intelligent investor is likely to need considerable willpower to keep from following the crowd.” – Benjamin Graham
117. “Individual who cannot master their emotions are ill-suited to profit from the investment process.” – Benjamin Graham
118. “I made my first investment at age eleven. I was wasting my life until then.” – Warren Buffet
119. “I don’t look to jump over seven-foot bars; I look around for one-foot bars that I can step over.” — Warren Buffett
120. “There are only three measurements that tell you nearly everything you need to know about your organization’s overall performance: employee engagement, customer satisfaction, and cash flow. It goes without saying that no company, small or large, can win over the long run without energized employees who believe in the mission and understand how to achieve it.” – Jack Welch, former CEO of GE
121. “Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble” ― Warren Buffett
122. “If you buy things you do not need, soon you will have to sell things you need.” – Warren Buffet
123. “How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.” — Robert G. Allen
124. “It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.” – Warren Buffett
125. “A market downturn doesn’t bother us. It is an opportunity to increase our ownership of great companies with great management at good prices.” — Warren Buffett
126. “Every once in a while, the market does something so stupid it takes your breath away.” — Jim Cramer
127. “The person who starts simply with the idea of getting rich won’t succeed; you must have a larger ambition.” — John D. Rockefeller
128. “Know what you own, and know why you own it.” – Peter Lynch
129. “Although it’s easy to forget sometimes, a share is not a lottery ticket… it’s part ownership of a business.” – Peter Lynch
130. “Wise spending is part of wise investing. And it’s never too late to start.” – Rhonda Katz

131. “Invest for the long haul. Don’t get too greedy and don’t get too scared.” – Shelby M.C. Davis

132. “Fear incites human action far more urgently than does the impressive weight of historical evidence.”
     -Jeremy Siegel
133. “With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future.” — Carlos Slim Helu
134. “If we like a business, we’re going to buy as much of it as we can and keep it as long as we can. And when we change our mind, we don’t take half measures.” – Warren Buffett

135. “The most contrarian thing of all is not to oppose the crowd but to think for yourself.” — Peter Thiel

136. “Never depend on a single income, make an investment to create a second source.” Warren Buffet

137. “Games are won by players who focus on the playing field –- not by those whose eyes are glued to the scoreboard.”
     ― Warren Buffett
138. “The key to making money in stocks is not to get scared out of them.” – Peter Lynch
139. “Courage taught me no matter how bad a crisis gets … any sound investment will eventually pay off.” — Carlos Slim Helu
140. “Investing puts money to work. The only reason to save money is to invest it.” – Grant Cardone
141. “As time goes on, I get more and more convinced that the right method of investment is to put fairly large sums into enterprises which one thinks one knows something about and in the management of which one thoroughly believes.” — John Maynard Keynes
142. “Given a 10% chance of a 100 times payoff, you should take that bet every time.” — Jeff Bezos
143. “Money is always eager and ready to work for anyone who is ready to employ it.” ― Idowu Koyenikan
144. “The secret to investing is to figure out the value of something – and then pay a lot less.” – Joel Greenblatt
145. “We don’t have an analytical advantage, we just look in the right place.” – Seth Klarman
146. “Men, it has been well said, think in herds. It will be seen that they go mad in herds, while they only recover their senses slowly, and one by one.” – Charles Mackay
147. “It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong.” – George Soros
148. “No Price is too low for a bear or too high for a bull.” — Anonymous
149. “Investment is an asset or item that is purchased with the hope that it will generate income or appreciate in the future.” Anonymous
150. “Behind every stock is a company. Find out what it’s doing.” — Peter Lynch
151. “Wise spending is part of wise investing. And it’s never too late to start.” –Rhonda Katz
152. “It amazes me how people are often more willing to act based on little or no data than to use data that is a challenge to assemble.” ― Robert Shiller
153. “A bull market is like sex. It feels best just before it ends.” — Barton Biggs
154. “The investor’s chief problem — even his worst enemy — is likely to be himself.” — Benjamin Graham
155. “No profession requires more hard work, intelligence, patience, and mental discipline than successful speculation.” – Robert Rhea
156. “Money is like a sixth sense – and you can’t make use of the other five without it.” – William Somerset Maugham
157. “Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it.” — Albert Einstein
158. “Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results” — Warren Buffett
159. “The stock market is a device for transferring money from the impatient to the patient.” – Warren Buffett
160. “Thousands of experts study overbought indicators, head-and-shoulder patterns, put-call ratios, the Fed’s policy on money supply…and they can’t predict markets with any useful consistency, any more than the gizzard squeezers could tell the Roman emperors when the Huns would attack.” – Peter Lynch
161. “Investing puts money to work. The only reason to save money is to invest it.” – Grant Cardone
162. “You cannot save time for your future use however you can invest time for your future.” – John F. Heerdink, Jr. 
163. “Know what you own, and know why you own it.” – Peter Lynch
164. “Liquidity is only there when you don’t need it.” -Old Proverb
165. “If you want to be a millionaire, start with a billion dollars and launch a new airline.” – Richard Branson
166. “Fear incites human action far more urgently than does the impressive weight of historical evidence.” – Jeremy Siegel
167. “In investing, what is comfortable is rarely profitable.” – Robert Arnott
168. “Spend each day trying to be a little wiser than you were when you woke up.” – Charlie Munger
169. “The entrance strategy is actually more important than the exit strategy.” – Edward Lampert
170. “The rivers don’t drink their own water; Trees don’t eat their own fruits. The sun does not shine for itself, And flowers do not spread their fragrance For themselves. Living for others is a rule of nature” – Pope Francis
171. “It is impossible to produce superior performance unless you do something different from the majority.” – John Templeton
172. “An investment in knowledge pays the best interest.” – Benjamin Franklin.
173. “I believe the returns on investment in the poor are just as exciting as successes achieved in the business arena, and they are even more meaningful!” -Bill Gates
174. “Every portfolio benefits from bonds; they provide a cushion when the stock market hits a rough patch. But avoiding stocks completely could mean your investment won’t grow any faster than the rate of inflation.” – Suze Orman
175. “The tax on capital gains directly affects investment decisions, the mobility, and flow of risk capital… the ease or difficulty experienced by new ventures in obtaining capital, and thereby the strength and potential for growth in the economy.” – John F. Kennedy
176. “If all the economists were laid end to end, they’d never reach a conclusion. -George Bernard Shaw
177. “There are old traders and there are bold traders, but there are very few old, bold traders.”-Ed Seykota
178. “Let this scenario play out on its own, in its own fashion. As you watch it unfold, you will soon be grateful that you choose the peaceful path. Remember — those who live by the sword, die by the sword.”
179. “As long as you enjoy investing, you’ll be willing to do the homework and stay in the game.” -Jim Cramer
180. “I rarely think the market is right. I believe non-dividend stocks aren’t much more than baseball cards. They are worth what you can convince someone to pay for it.” -Mark Cuban
181. “Michael Marcus taught me one other thing that is absolutely critical: You have to be willing to make mistakes regularly; there is nothing wrong with it. Michael taught me about making your best judgment, being wrong, making your next best judgment, being wrong, making your third best judgment, and then doubling your money.” -Bruce Kovner
182. “The policy of being too cautious is the greatest risk of all.” -Jawaharlal Nehru
183. “The only true test of whether a stock is “cheap” or “high” is not its current price in relation to some former price, no matter how accustomed we may have become to that former price, but whether the company’s fundamentals are significantly more or less favorable than the current financial-community appraisal of that stock.” -Philip Fisher
184. “I learned to avoid trying to catch up or double up to recoup losses. I also learned that a certain amount of loss will affect your judgment, so you have to put some time between that loss and the next trade.” -Richard Dennis
185. “The four most dangerous words in investing are: ‘this time it’s different.” -Sir John Templeton
186. “Money doesn’t make you happy. I now have $50 million but I was just as happy when I had $48 million.” -Arnold Schwarzenegger