The Fed’s Sentiment Change Forces Market Selloff On Tuesday – $AAPL $ATOS $INMB $INVO $TSLA $XBI Rise!

The markets closed broadly down as a yearend selloff of magnitude was hastened today as new fears and confusion blossomed. Market confusing comments by Moderna’s (MRNA) CEO surfaced that countered beliefs that existing COVID-19 vaccines, including Moderna’s,  may not be efficacious against the omicron variant adding fear that growth may slow once again.  Also, adding confusion amongst investors and adding further fuel to the market’s fire,  Fed Chair Jerome Powell laid out his new ‘understanding’ that the Fed’s tapering of monthly bond purchases may need to occur earlier that they had previously expected & that inflation should no longer be referred to as “transitory.” Fantastic…!  This was surely enough to cause increased selling on top of the normal tax selling that has been going on at yearend. As a result, 11 of the 11 sectors closed in the red with the communication services sector leading with a market pressuring 3% drop and essentially wiping out yesterday’s positive swing. The S&P 500 closed at 4,567 (-1.90%), the Dow 30 closed at 34,483.72 (-1.86%), & the Nasdaq closed at 15,537.69 (-1.55%). The small caps on the Russell 2000 continued to move lower closing at 2,198.91 (-1.92%) & essentially in lockstep the MicroCaps, which dropped with iShares Micro-Cap ETF (IWC) ending the day at $139.83, (-1.38%). The IWC did recover from even greater depths during intraday trading. 

Interestingly, the yield curve also moved lower today with the 2-yr yield down 2 basis points to .461% & the 10-yr yield moved down 8 basis points to 1.45%. The U.S. Dollar Index also also fell .5% to 95.85.

Oil prices closed lower moving down 5.3% to close at $66.14/bb1. 

Gold prices closed at $1,776/oz , -$12, while silver prices closed at $22.86, -$.10. 

Bitcoin (BTC) closed at $57,312.06, -1.33%.

Today’s macroeconomic schedule offered the Conference Board’s Consumer Confidence Index report which confined a move lower to to 109.5 in November. The Chicago PMI report also confirmed a fall to 61.8 in November. The FHFA Housing Price Index report showed a rise to .9% M/M in September. The S&P Case-Shiller Home Price Index report confirmed a rise by 19.1% Y/Y in September. Tomorrow’s schedule will bring the ISM Manufacturing Index report for November, the Construction Spending report for October, the ADP Employment Change report for November, the Fed’s Beige Book report for December, the weekly MBA Mortgage Applications Index report, & the final IHS Markit Manufacturing PMI report for November.

BIOTECH 

The SPDR S&P Biotech ETF (XBI) closed at $116.27, +1.06% as it experienced a nice intraday turnaround after establishing a new 52-week low and intraday low of $112.61. The iShares Nasdaq Biotechnology ETF (IBB) closed at $154.22, -1.18%, & the NYSE ARCA Biotech Index (^BTK) closed at $5,339.04, -1.35%.

Krystal Biotech, Inc. (NASDAQ: KRYS), the leader in redosable gene therapies for rare diseases, announced on Monday that it has commenced a $200 million underwritten public offering of its common stock. The Company and certain selling stockholders intend to grant the underwriters a 30-day option to purchase up to an additional $30 million of the shares of the Company’s common stock offered in the public offering. The offering is subject to market and other conditions, and there can be no assurances as to whether or when the offering may be completed, or as to the actual size or terms of the offering. All of the shares to be sold in the proposed offering will be sold by the Company other than up to 200,000 shares of the Company’s common stock that may be sold by the selling stockholders in connection with the exercise of the underwriters’ option to purchase additional shares. Goldman Sachs & Co. LLC, BofA Securities, Cowen and William Blair are acting as the book-running managers for the offering. The Company currently intends to use the net proceeds from this offering, if any, together with its existing cash, cash equivalents and short-term investments as follows: (i) to prepare for potential commercialization of VYJUVEKTM for dystrophic epidermolysis bullosa, if approved; (ii) to advance the clinical development of KB105 in TGM1-deficient ARCI and preclinical development of KB104 for Netherton syndrome; (iii) to advance development of KB407 for cystic fibrosis and KB408 for alpha-1 antitrypsin deficiency; (iv) to accelerate the Company’s emerging respiratory pipeline; (v) to further invest in technology platform development, including exploration of additional routes of administration to target new organ systems and novel transgene payloads; (vi) to complete development of the Company’s second good manufacturing practices certified manufacturing facility and commencement of operations of that facility; and (vii) for working capital and general corporate purposes, including research and development expenses and capital expenditures.

On September 30, InMed Pharmaceuticals Inc. (Nasdaq: INM), announced it had commenced its Phase 2 clinical trial, the 755-201-EB study, of INM-755 (cannabinol) cream in the treatment of Epidermolysis Bullosa or EB, marking the first time cannabinol has advanced to a Phase 2 clinical trial to be studied as a therapeutic option to treat a disease. Additionally, InMed has submitted a request for a pre-Investigational New Drug (“IND”) meeting with the US Food and Drug Administration (“FDA”) to discuss potential next steps in the INM-755 clinical program. The 755-201-EB study is designed to enroll up to 20 patients. InMed will evaluate the safety of INM-755 (cannabinol) cream and its preliminary efficacy in treating symptoms and wound healing over a 28-day treatment period. All four subtypes of inherited EB; EB Simplex, Dystrophic EB, Junctional EB, and Kindler Syndrome are eligible for this study. The study is expected to take place at eleven sites across seven countries including Austria, Germany, Greece, France, Italy, Israel and Serbia and regulatory authority and ethics approvals are in place in five countries. Currently, Clinical Trial Agreements are fully executed with 5 sites and patient screening is underway at the first site. The Company is seeking to expand the study into an eighth country, Spain, with two more sites. The 755-201-EB study follows two completed Phase 1 studies of INM-755 (cannabinol) cream, including treatment on intact skin and treatment on wounded skin, both in healthy volunteers. The Phase 1 studies provided a strong body of evidence demonstrating the overall safety and tolerability of INM-755 cream. INM-755 (cannabinol) cream is a topical therapy to treat EB and potentially other dermatological diseases. Preclinical data demonstrate that INM-755 (cannabinol) cream may help relieve hallmark EB symptoms, such as inflammation and pain, as well potentially restore the integrity of the skin in a subset of EB Simplex patients.

CONSUMER – TECH – EV

EV giant Tesla (TSLA) moved higher to close at $1,144.76, +.68%. Reportedly, Tesla CEO Elon Musk will be attending the company’s next earnings call.

Shares of Ford Motor Company (F) closed at $19.19, -2.44%. Ford executives will represent the company’s actions and aspirations in the electric vehicle revolution at two upcoming conferences. On Friday, Lisa Drake is scheduled to speak at the Goldman Sachs Global Automotive Conference. The presentation by Drake, Ford’s chief operating officer for North America, will begin at 8:50 a.m. ET and be followed by a question-and-answer session.  Also on Friday, Hau Thai-Tang, the company’s chief product platform and operations officer, will address the Credit Suisse Industrials Conference. Thai-Tang’s presentation will begin at 12:10 p.m. ET and also be followed by Q&A.  

Amazon.com, Inc. (NASDAQ: AMZN, $3,507.07, -1.53%). Today, at AWS re:Invent, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company,  announced three new Amazon Elastic Compute Cloud (Amazon EC2) instances powered by AWS-designed chips that help customers significantly improve the performance, cost, and energy efficiency of their workloads running on Amazon EC2. New C7g instances powered by next-generation AWS Graviton3 processors deliver up to up to 25% better performance than current generation C6g instances powered by AWS Graviton2 processors. New Trn1 instances powered by AWS Trainium chips provide the best price performance and the fastest time to train most machine learning models in Amazon EC2. New storage-optimized Im4gn/Is4gen/I4i instances based on AWS-designed AWS Nitro SSDs (solid-state drives) offer the best storage performance for I/O-intensive workloads running on Amazon EC2. Together, these instances herald the arrival of new Amazon EC2 instances based on AWS-designed chips that help customers power their most business-critical application

Shares of Apple (AAPL) closed at $165.30, +3.16%. Apple® today announced the winners of the third annual Apple Music® Awards, recognizing the best artists of 2021 and their influence on global culture. The Apple Music Awards honor achievements in music across five distinct categories — Artist of the Year, Songwriter of the Year, Breakthrough Artist of the Year, Top Song of the Year, and Top Album of the Year — and winners are chosen through a process that reflects both Apple Music’s editorial perspective and what customers around the world are listening to the most. This year, the Apple Music Awards will introduce a new category of awards for Regional Artist of the Year, recognizing artists from five countries and regions: Africa, France, Germany, Japan, and Russia. The Regional Artist of the Year awards recognize artists who made the greatest impact culturally and on the charts in their respective countries and regions.

NVIDIA (NVDA) closed at $326.76, -2.10%. NVDA handily beat expectations recently clocking in with revenue at $7.1B vs. $6.81B expected, earnings per share was $1.17 vs. $1.11 expected, gaming revenue came in at $3.22 billion vs.$3.18B expected, & the Data Center revenue was at $2.94B vs. $2.69B that was expected. 319.56-10.29 (-3.12%). NVIDIA will present at the following events for the financial community: Credit Suisse 25th Annual Technology Conference, Tuesday, Nov. 30, at 7:55 a.m. Pacific Time, Wells Fargo 5th Annual TMT Summit, Wednesday, Dec. 1, at 12:20 p.m. Pacific Time, & UBS Global TMT Virtual Conference, Monday, Dec. 6, at 10 a.m. Pacific Time.

Shares of Microsoft Corp. (MSFT) closed at $330.59, -1.79%. Microsoft’s CEO Satya Nadella sold nearly half of his holdings in the company for $285M and apparently it was for personal reasons. Maybe inflation was eating into his check account…

DISNEY

Another VP Watchlist company, Walt Disney (DIS), closed at $144.90, -1.97%. Disney’s animated recently released animated movie “Encanto” grossed of $40.3M over Thanksgiving. 

MCD 

Shares of McDonald’s (MCD) closed at $244.60, -1.74%. The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine announced this week that McDonald’s Corporation (NYSE: MCD) as a  “Stock to Study”.

MEMES WATCH

AMC Entertainment (AMC) closed at $33.94, -7.87%.  On Nov. 28, AMC Theatres, the largest theatrical exhibitor in the United States, in Europe & the Middle East and in the world, today announced that for the first time ever, members of its AMC Stubs Premiere, AMC Stubs A-List and AMC Investor Connect who advance purchase or reserve their opening-day ticket to Sony Pictures’ SPIDER-MAN: NO WAY HOME will receive an exclusive Spider-Man™ NFT, while supplies last. There will be 86,000 NFTs available for this unprecedented Sony and AMC celebration of the release of Spider-Man: No Way Home. (The total production of these Sony/AMC NFTs is expected to be limited to an overall quantity of 90,000.)

Bed Bath & Beyond Inc. (NASDAQ: BBBY) announced recently that it expects to complete its $1 billion three-year share repurchase plan by the end of fiscal 2021 – two years ahead of schedule. Shares of BBBY closed at $28.33, -9.21%. On Nov. 18, Bed Bath & Beyondofficially announced the launch of H for Happy™, a new Owned Brand collection of holiday-inspired and seasonal celebratory goods that make it easy to turn everyday moments into life-long memories. Whether hanging stockings over the fireplace, setting a holiday table, lighting the menorah, or trimming a tree, H for Happy has everything needed to “home, happier™” this season and create celebratory moments all year long.

GameStop (GME) closed at $196.21, -2.87%. On Nov. 23, GameStop announced that it will report third quarter fiscal 2021 earnings results after the market closes on Wednesday, December 8, 2021. The Company will host an investor conference call at 5:00 pm ET on the same day to review its results. This call and all supplemental information can be accessed on GameStop’s investor relations website: https://investor.gamestop.com. The phone number for the investor conference call is 877-451-6152 and the confirmation code is 13725350. A recording of the conference call will be made available on the Company’s investor relations website.

Shares of Seanergy Maritime Holdings Corp. (SHIP) closed at $.95, -.92%. On Nov. 2 Seanergy announced its financial results for the third quarter ended September 30, 2021. Highlights of the Third Quarter of 2021: Gross revenues: $50 million in Q3 2021, as compared to $20.4 million in Q3 2020, up 146%, Net Income: $20.1 million in Q3 2021, as compared to $3.6 million in Q3 2020, up 459%, EBITDA1: $30.1 million in Q3 2021, as compared to $12.7 million in Q3 2020, up 137%, Adjusted EBITDA1: $32.2 million in Q3 2021, as compared to $7.8 million in Q3 2020, up 312%.

Economic Reports

• On Monday, the Pending Home Sales report for October confirmed a 7.5% rise.

Investing & Inspiration

1. “Money is something that keeps you alive and healthy and just keeps you focused. It’s the drive. It’s the passion.” – Travis Scott
2. “Common sense is the collection of prejudices acquired by age eighteen.” – Albert Einstein
3. “Live life to the fullest, and focus on the positive.” – Matt Cameron
4. “View health as an investment, not an expense.” – John Quelch
5. “Life is what happens while you are busy making other plans.” – John Lennon
6. “You cannot escape the responsibility of tomorrow by evading it today.” – Abraham Lincoln
7. “However difficult life may seem, there is always something you can do and succeed at.”– Stephen Hawking
8. “Once you bring life into the world, you must protect it. We must protect it by changing the world.” – Elie Wiesel
9. “Don’t let your ego get too close to your position, so that if your position gets shot down, your ego doesn’t go with it.” – Colin Powell
10. “Good things do not come easy. The road is lined with pitfalls.” – Desi Arnaz
11. “Honoring the sacrifices many have made for our country in the name of freedom and democracy is the very foundation of Veterans Day.” – Charles B. Rangel,
12. “The true sign of intelligence is not knowledge but imagination.” – Albert Einstein
13. “Trust yourself, you know more than you think you do.” – Benjamin Spock
14. “This idea of mutual appreciation and partnerships and investment in our people is very important to me and will continue to be important.” – Dennis Muilenburg
15. “The true secret of happiness lies in taking a genuine interest in all the details of daily life.” – William Morris
16. “Formal education will make you a living; self-education will make you a fortune.” – Jim Rohn
17. “Give me the luxuries of life and I will willingly do without the necessities.” – Frank Lloyd Wright
18. “If opportunity doesn’t knock, build a door.” – Milton Berle
19. “Age is an issue of mind over matter. If you don’t mind, it doesn’t matter.” – Mark Twain
20. “The smallest deed is better than the greatest intention.” – John Burroughs
21. “It’s the steady, quiet, plodding ones who win in the lifelong race.” – Robert W. Service
22. “When I was young I thought that money was the most important thing in life; now that I am old I know that it is.” – Oscar Wilde
23. “A savvy entrepreneur will not always look for investment money, first.” – Daymond John
24. “In tennis, you strike a ball just after the rebound for the fastest return. It’s the same with investment.” – Masayoshi Son

25. “Look deep into nature, and then you will understand everything better.” -Albert Einstein

26. “The young man knows the rules, but the old man knows the exceptions.” – Oliver Wendell Holmes, Sr.

27. “Don’t go through life, grow through life.”– Eric Butterworth
28. “This life is worth living, we can say, since it is what we make it.” – William James
29. “People who think they know everything are a great annoyance to those of us who do.” –  Isaac Asimov
30. “True life is lived when tiny changes occur.”  – Leo Tolstoy
31. “If you want a guarantee, buy a toaster.” – Clint Eastwood
32. “In order to attain the impossible, one must attempt the absurd.” – Miguel de Cervantes
33. “Aim for the moon. If you miss, you may hit a star.” – W. Clement Stone
34. “If I had to live my life again, I’d make the same mistakes, only sooner.” – Tallulah Bankhead
35. “The deal machinations many companies put themselves through, while certainly a bonanza for investment bankers, can confound the typical investor.” – Whitney Tilson
36. “Nothing is impossible, the word itself says ‘I’m possible’!” – Audrey Hepburn
37. “Procrastination is the art of keeping up with yesterday.” – Don Marquis

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

39. “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

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

41. “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
42. “I hear and I forget. I see and I remember. I do and I understand.” – Confucius
43. “I’m a very strong believer in listening and learning from others.” – Ruth Bader Ginsburg
44. “Blessed are those who give without remembering and take without forgetting.” – Elizabeth Bibesco
45. “As you walk down the fairway of life you must smell the roses, for you only get to play one round.” – Ben Hogan
46. “Progress is man’s ability to complicate simplicity.” – Thor Heyerdahl
47. “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
48. “Ever tried. Ever failed. No matter. Try Again. Fail again. Fail better.” -Samuel Beckett
49. “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
50. “Work like you don’t need the money. Love like you’ve never been hurt. Dance like nobody’s watching.” – Satchel Paige
51. “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
52. “The secret of business is to know something that nobody else knows.” – Aristotle Onassis
53. “It takes a long time to grow an old friend.” – John Leonard
54. “Life is a dream for the wise, a game for the fool, a comedy for the rich, a tragedy for the poor.”– Sholom Aleichem
55. “The truth is you don’t know what is going to happen tomorrow. Life is a crazy ride, and nothing is guaranteed.” – Eminem
56. “Man is only great when he acts from passion.” – Benjamin Disraeli
57. “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
58. “We must let go of the life we have planned, so as to accept the one that is waiting for us.” – Joseph Campbell
59. “Put your heart, mind, and soul into even your smallest acts. This is the secret of success.” – Swami Sivananda
60. “I can’t change the direction of the wind, but I can adjust my sails to always reach my destination.” – Jimmy Dean
61. “Companies have too many experts who block innovation. True innovation really comes from perpendicular thinking.” – Peter Diamandis
62. “By failing to prepare, you are preparing to fail.” – Benjamin Franklin
63. “We cannot solve our problems with the same thinking we used when we created them.” – Albert Einstein
64. “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
65. “Set your course by the stars, not by the lights of every passing ship.” – Omar N. Bradley
66. “Do not take life too seriously. You will never get out of it alive.” – Elbert Hubbard
67. “Education is not only a ladder of opportunity, but it is also an investment in our future.” – Ed Markey 
68. “Every good painter paints what he is.” – Jackson Pollock
69. “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
70. “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
71. “You cannot have a positive life and a negative mind.” – Joyce Meyer 
72. “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
73. “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 
74. “Life consists not in holding good cards but in playing those you hold well.” – Josh Billings 
75. “Friend, there’s no greater investment in life than in being a people builder. Relationships are more important than our accomplishments.” – Joel Osteen
76. “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
77. “The more sand that has escaped from the hourglass of our life, the clearer we should see through it.” – Jean Paul 

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

79. “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
80. “In every investment, before I get involved or invest, I always see what the mindset of the founder, the CEO, is.” – Zaza Pachulia
81. “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
82. “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
83. “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
84. “To be yourself in a world that is constantly trying to make you something else is the greatest accomplishment.” – Ralph Waldo Emerson
85. “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
86. “The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.” – William Arthur Ward- American Writer, Born 1921
87. “Once you replace negative thoughts with positive ones, you’ll start having positive results.” – Willie Nelson
88. “The secret of your future is hidden in your daily routine.” – Mike Murdock
89.  “If somebody puts you down or criticizes you, just keep on believing in yourself and turn it into something positive.” – Leah LaBelle
90. “Opportunity is missed by most people because it is dressed in overalls and looks like work”. -Thomas A. Edison
91. “Education is not only a ladder of opportunity, but it is also an investment in our future.” – Ed Markey

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

93. “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
94. “Success is not final, failure is not fatal: it is the courage to continue that counts.” – Winston Churchill

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

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

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

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

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

100. “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

101. “What lies behind you and what lies in front of you, pales in comparison to what lies inside of you.” – Ralph Waldo Emerson
102. “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
103. “Life is 10% what happens to you and 90% how you react to it.” – Charles R. Swindoll
104. “The truth is you don’t know what is going to happen tomorrow. Life is a crazy ride, and nothing is guaranteed.” – Eminem

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

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

107. “If you don’t know where you are going, any road will get you there.” – Lewis Carroll
108. “Once you replace negative thoughts with positive ones, you’ll start having positive results.” – Willie Nelson
109. “That which does not kill us makes us stronger.” – Friedrich Nietzsche
110. “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
111. “A problem is a chance for you to do your best.”–  Duke Ellington
112. “The best way to predict the future is to create it.” -Peter Drucker
113. “I’m involved in the stock market, which is fun and, sometimes, very painful.” – Regis Philbin
114. “Who owns the future? This is the question at the heart of every stock market.” – John Landgraf
115. “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
116. “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
117. “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
118. “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
119. “The only way to have a friend is to be one.” –  Ralph Waldo Emerson
120. “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

121. “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

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

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

124. “Give me a lever long enough and a fulcrum on which to place it, and I shall move the world.” – Archimedes
125. “Who controls the past controls the future. Who controls the present controls the past.” – George Orwell
126. “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
127. “The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.” – William Arthur Ward
128. “Start where you are. Use what you have. Do what you can.” – Arthur Ashe
129. “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

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

131. “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
132. “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

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

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

135. “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

136. “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
137. “Inflation destroys savings, impedes planning, and discourages investment. That means less productivity and a lower standard of living.” – Kevin Brady
138. “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
139. “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
140. “Historically, there has been a bull market in the commodities every 20 or 30 years.” – Jim Rogers
141. “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
142. “Stop trying to predict the direction of the stock market, the economy or the elections.” – Warren Buffett
143. “An important key to investing is to remember that stocks are not lottery tickets.” – Peter Lynch
144. “Learn everyday, but especially from the experiences of others. It’s cheaper!” – John Bogle
145. “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
146. “No stock price is too low for bears or too high for bulls.” – John F. Heerdink, Jr.

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

148. “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

149. “Even the intelligent investor is likely to need considerable willpower to keep from following the crowd.” – Benjamin Graham
150. “Individual who cannot master their emotions are ill-suited to profit from the investment process.” – Benjamin Graham
151. “I made my first investment at age eleven. I was wasting my life until then.” – Warren Buffet
152. “I don’t look to jump over seven-foot bars; I look around for one-foot bars that I can step over.” — Warren Buffett
153. “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
154. “Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble” ― Warren Buffett
155. “If you buy things you do not need, soon you will have to sell things you need.” – Warren Buffet
156. “How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.” — Robert G. Allen
157. “It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.” – Warren Buffett
158. “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
159. “Every once in a while, the market does something so stupid it takes your breath away.” — Jim Cramer
160. “The person who starts simply with the idea of getting rich won’t succeed; you must have a larger ambition.” — John D. Rockefeller
161. “Know what you own, and know why you own it.” – Peter Lynch
162. “Although it’s easy to forget sometimes, a share is not a lottery ticket… it’s part ownership of a business.” – Peter Lynch
163. “Wise spending is part of wise investing. And it’s never too late to start.” – Rhonda Katz

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

165. “Fear incites human action far more urgently than does the impressive weight of historical evidence.”
     -Jeremy Siegel
166. “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
167. “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

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

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

170. “Games are won by players who focus on the playing field –- not by those whose eyes are glued to the scoreboard.”
     ― Warren Buffett
171. “The key to making money in stocks is not to get scared out of them.” – Peter Lynch
172. “Courage taught me no matter how bad a crisis gets … any sound investment will eventually pay off.” — Carlos Slim Helu
173. “Investing puts money to work. The only reason to save money is to invest it.” – Grant Cardone
174. “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
175. “Given a 10% chance of a 100 times payoff, you should take that bet every time.” — Jeff Bezos
176. “Money is always eager and ready to work for anyone who is ready to employ it.” ― Idowu Koyenikan
177. “The secret to investing is to figure out the value of something – and then pay a lot less.” – Joel Greenblatt
178. “We don’t have an analytical advantage, we just look in the right place.” – Seth Klarman
179. “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
180. “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
181. “No Price is too low for a bear or too high for a bull.” — Anonymous
182. “Investment is an asset or item that is purchased with the hope that it will generate income or appreciate in the future.” Anonymous
183. “Behind every stock is a company. Find out what it’s doing.” — Peter Lynch
184. “Wise spending is part of wise investing. And it’s never too late to start.” –Rhonda Katz
185. “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
186. “A bull market is like sex. It feels best just before it ends.” — Barton Biggs
187. “The investor’s chief problem — even his worst enemy — is likely to be himself.” — Benjamin Graham
188. “No profession requires more hard work, intelligence, patience, and mental discipline than successful speculation.” – Robert Rhea
189. “Money is like a sixth sense – and you can’t make use of the other five without it.” – William Somerset Maugham
190. “Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it.” — Albert Einstein
191. “Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results” — Warren Buffett
192. “The stock market is a device for transferring money from the impatient to the patient.” – Warren Buffett
193. “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
194. “Investing puts money to work. The only reason to save money is to invest it.” – Grant Cardone
195. “You cannot save time for your future use however you can invest time for your future.” – John F. Heerdink, Jr. 
196. “Know what you own, and know why you own it.” – Peter Lynch
197. “Liquidity is only there when you don’t need it.” -Old Proverb
198. “If you want to be a millionaire, start with a billion dollars and launch a new airline.” – Richard Branson
199. “Fear incites human action far more urgently than does the impressive weight of historical evidence.” – Jeremy Siegel
200. “In investing, what is comfortable is rarely profitable.” – Robert Arnott
201. “Spend each day trying to be a little wiser than you were when you woke up.” – Charlie Munger
202. “The entrance strategy is actually more important than the exit strategy.” – Edward Lampert
203. “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
204. “It is impossible to produce superior performance unless you do something different from the majority.” – John Templeton
205. “An investment in knowledge pays the best interest.” – Benjamin Franklin.
206. “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
207. “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
208. “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
209. “If all the economists were laid end to end, they’d never reach a conclusion. -George Bernard Shaw
210. “There are old traders and there are bold traders, but there are very few old, bold traders.”-Ed Seykota
211. “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.”
212. “As long as you enjoy investing, you’ll be willing to do the homework and stay in the game.” -Jim Cramer
213. “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
214. “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
215. “The policy of being too cautious is the greatest risk of all.” -Jawaharlal Nehru
216. “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
217. “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
218. “The four most dangerous words in investing are: ‘this time it’s different.” -Sir John Templeton
219. “Money doesn’t make you happy. I now have $50 million but I was just as happy when I had $48 million.” -Arnold Schwarzenegger