Fed Powered Stock Market Surges This Week As Earnings Rollout & Rates Move Lower- $ADT $AAPL $AMGN $CVNA $IBRX $LTRN $MODD $TSLA $XBI Rise!

Happy Saturday!

I hope that all went for you and yours this week. As for me travelled to an from Nashville, Tennessee co-hosting two of our sister organization’s Tribe Public LLC CEO Presentation and Q&A Luncheon and Dinner Events with Jeb Besser, CEO of Modular Medical (NASDAQ: MODD), a development-stage, insulin delivery technology company seeking to launch the next generation of user-friendly and affordable insulin pump technology. Using its patented technologies, the company seeks to eliminate the tradeoff between complexity and efficacy, thereby making top quality insulin delivery both affordable and simple to learn. Their mission is to improve access to the highest standard of glycemic control for people with diabetes taking it beyond “superusers” and providing “diabetes care for the rest of us.” Modular Medical was founded by Paul DiPerna, a seasoned medical device professional and microfluidics engineer. Prior to founding Modular Medical, Mr. DiPerna was the founder (in 2005) of Tandem Diabetes and invented and designed its t:slim insulin pump. More information is available at https://modular-medical.com.  It was a great couple of events and I look forward to getting back to Nashville in the near term. Note, that I will be traveling to Costa Mesa, CA to host a Tribe Dinner Event with Modular Medical next week on May 9 at 6pm in and also a Tribe Luncheon Event on Friday, May 10 at 1pm in Newport Beach. Please let me know if you would like to join one of these events and I will do my best to accommodate and get you the balance of the details.

As for the broad stock market, equities overall closed significantly higher this week as the Fed played ball to a certain degree serving a delightful dish, keeping interest rates in check as they have not seen real progress lately against inflation, however they went on further to suggest that a raise in rates is not in their near term plans. The CBOE Volatility Index (^VIX) fell over the course of the week down 8.04% to close at $13.49 as fears subsided over the course of the week.

The US macroeconomic schedule offered a number of reports including on Tuesday, the Q1 Employment Cost Index report came in higher than expected at 1.2% and alarmed many. The February FHFA Housing Price Index also came in higher at 1.2%, as did the February S&P Case-Shiller Home Price Index report that clocked in at 7.3%. However, The April Chicago PMI report clocked lower than expected at 37.9, as did the April Consumer Confidence report that clocked in lower than expected at 97. On Wednesday, the Weekly MBA Mortgage Applications Index report was down -2.3% & the April ADP Employment Change report clocked in at 192k and above expectations. The Final April S&P Global US Manufacturing PMI report came in lower at 50, while the April ISM Manufacturing Index report came in lower as well at 49.2%. The March JOLTS report came in at 8.488M & the March Construction Spending report showed a drop by -.2%. On Thursday, the Weekly Initial Claims report came in lower at 208k, while the Weekly Continuing Claims report clocked in flat at 1.774M. The March Trade Balance came in as expected at -$69.4B The Q1 Preliminary Productivity report came in at lower at .3% & the Preliminary Q1 Unit Labor Costs report came in higher at 4.7%. The March Factory Orders report came flat at 1.6%. On Friday, the April Nonfarm Payrolls report came in lower than expected at 175k, while the April Nonfarm Private Payrolls report also closed lower at 167k. The Average April Hourly Earnings report came in lower at .2%, while the April Unemployment Rate came in slightly higher than expected at 3.9% & the April Average Workweek slipped to 34.3. The Final April S&P Global US Services PMI dropped to 51.3 & the April ISM Non-Manufacturing PMI clocked in at 49.4%. 

In turn, the yield curve dropped nicely this week with the 10-yr note yield down 12bps to 4.50% & the 2-yr note yield moved up 19bps to 4.81%. Interestingly, oil prices realized its largest weekly drop since February as war risks faded to close at $83.65/bbl,+1.7%, & are now up 16.7% YTD. The U.S. Dollar Index also moved lower again this week from 106.09 to 105.05. 

At the end of the week, the Dow 30 actually closed at 38,675.68 (+1.1%) this week and is now up just 2.6% YTD. Pharmaceutical giant Amgen (AMGN $311.29, +32.90, +15.30% over the last 5-days) beat the street’s quarterly estimated and priced a positive trial update for their weight loss drug MariTide. 

The S&P 500 closed at 5,127.79 (+.5%) and is now up 7.5% YTD. 8 of the 11 sectors closed in the green with the utilities sector popping +3.4% & the consumer discretionary sector moving up +1.6% leading all & the energy sector bring up the rear declining 3.4%. Note that the vast majority of the S&P 500 companies reported earnings and have overall beat estimates.

The Nasdaq closed at 6,156.33 (+1.4%) and is now up 7.6% YTD. The overweighted Magnificent Seven closed across the board as follows over the last 5-days: Alphabet (GOOG) closing at $168.99, -2.71%, Amazon (AMZN) closing at $186.21, +3.67%, Apple (AAPL) at $183.38, +8.32%, Meta Platforms (META) closing at $451.96, +1.96%, Microsoft (MSFT) closing at $406.66, +.08%, NVIDIA (NVDA) closing at $887.89, +1.20%, & Tesla (TSLA) closing at $181.19, +7.67%.  On Thursday, Apple reported QT EPS of $1.53 on revenue of $90.8B that beat the street’s estimates. Apple also announced it an additional $110B buyback & moved up its dividend to $.25/share.

The small caps on the Russell 2000 closed at 2,035.72 (+1.7%) for the week & is now up .4% YTD, while the MicroCaps closed higher this week as the iShares Micro-Cap ETF (IWC) closed at $116.72, +1.33% over the week.

Bank stocks on The SPDR S&P Regional Banking ETF (KRE) moved up to close at $49.65, +3.03% over the last 5-days & the SPDR S&P Bank ETF (KBE) moved up over the last 5-days to close at $46.39, +2.34% this week.  

Overall, The Nasdaq Biotechnology ETF (IBB) closed at $132.96, +5.12%, the NYSE ARCA Biotech Index (^BTK) closed at 5,095.79, +3.17% & the SPDR S&P Biotech ETF (XBI) closed at $89.98, +7.77% over the last 5-days. The iShares U.S. Healthcare ETF (IYH) closed at $59.26, +1.11% over the last 5-days. Novartis (NVS)), is acquiring  U.S. radiopharmaceutical company Mariana Oncology for $1B upfront and $750M in future milestones, thus increasing its portfolio of precision cancer treatments in development and specifically novel radioligand cancer therapies (RLTs). 

Cathie Wood’s ARK Innovation ETF (ARKK) closed at $45.47, +3.18% over the last 5-days.

From the world of cryptocurrency, Bitcoin (BTC) moved to 62,847.61, -1.56% over the course of the last 5-days at the time of the completion of this message.

Gold prices closed at $2,394 down from $2,336 over the last 5-days. The SPDR Gold Shares (GLD) closed at $212.96, -1.69% over the past 5-days and is up 17.26% over the last year. Silver prices closed at $26.56 up from $27.22/oz. The Global X Silver ETF (SIL) closed at $30.96, -3.10% over the last 5-days.  

VP Watchlist Updates

 

Modular Medical, Inc. (NASDAQ: MODD, $1.61, +1.90% over the last 5-days and up +30.89% over the last 6-months), is a development-stage medical device company that intends to launch the next generation of insulin delivery technology. Using its patented technologies, the company seeks to eliminate the tradeoff between complexity and efficacy, thereby making top quality insulin delivery both affordable and simple to learn. Their mission is to improve access to the highest standard of glycemic control for people with diabetes taking it beyond “superusers” and providing “diabetes care for the rest of us.” Modular Medical was founded by Paul DiPerna, a seasoned medical device professional and microfluidics engineer. Prior to founding Modular Medical, Mr. DiPerna was the founder (in 2005) of Tandem Diabetes and invented and designed its t:slim insulin pump. More information is available at https://modular-medical.com.

On Feb. 21, Modular Medical announced the closing of its previously announced underwritten public offering (the “offering”) of 9,090,910 shares of its common stock, led by Manchester Explorer, L.P., which is managed by Jeb Besser, Modular Medical’s Chief Executive Officer, and Morgan Frank, a member of the Company’s board of directors, and other existing institutional investors. Each share of common stock was sold at a price to the public of $1.10 per share. The gross proceeds to Modular Medical from this offering were approximately $10 million, before deducting underwriting discounts and commissions and other offering expenses payable by the Company. The Company intends to use the net proceeds from the offering to fund operations and for working capital and general corporate purposes, including capital expenditures. In addition, Modular Medical has granted the underwriters a 30-day option to purchase up to an additional 1,321,989 shares of common stock to cover over-allotments, if any.Titan Partners Group, a division of American Capital Partners, acted as sole book-running manager for the offering.

On Jan. 24, Modular Medical announced the issuance of U.S. Patent 11,817,197 B2 for the stream-lined pairing of a pump to a mobile device. Paul DiPerna, Chairman and CTO of Modular Medical, commented, “The issuance of this patent is just another step in our mission to use technology to rethink and simplify the adoption of and ability to live with pump technology for patients and caregivers. To address cybersecurity risks and the complexity of pairing multiple devices to talk between a phone and a pump, we added Near-Field Communication (NFC), whereby, just by bringing the phone close to our pump will create a secure connection making it much easier to develop, test and maintain. This patent protects our technology addressing pairing, and, most importantly, the downloading of patient data to allow clinicians to easier upload and review the patients data. The patient’s phone is not required, and a clinician can simply tap the pump to the phone or tablet to pull the data using Bluetooth from patient pumps. In a high-volume practice, such as a busy certified pump trainer’s office, the ability to pull data from several patients quickly is critical. Our patented technology addresses the ability to do this without the tedious step of powering on and pairing with a myriad of new Bluetooth devices. It also simplifies moving the configuration to a new reusable controller, when needed, without using an intermediate device.” Jeb Besser, Modular Medical’s CEO, commented, “Our family of patents, which includes both issued patents and pending applications, around our pump is an important part of our strategic value and market positioning, and we look forward to announcing further patent issuances in the future.”

 

On Jan. 19, Modular Medical announced the premarket submission of its MODD1 next-generation insulin pump to the FDA for 510(k) clearance. “This is an exciting milestone for the Company, as we seek to change the diabetes market. Almost 30 years after the introduction of the first insulin pump, more than three quarters of those who could benefit from wearing a pump do not wear one. It is our belief that our simplified design will encourage many “almost-pumpers” to adopt technology to aid in their diabetes management, without the complexity and expense required by many of the current solutions,” said Paul DiPerna, Chairman and CTO of Modular Medical.

 

On Dec. 21, Modular Medical announced a collaboration agreement with Glooko, Inc., a global leader specializing in connected care and remote patient monitoring for diabetes. Integrating with Glooko will allow clinicians and patients to easily review insulin dosing data from the MODD1 pump, when commercially available. In addition, through Glooko’s platform, Dexcom CGMS users will be able to view their glucose levels in the same accessible format in conjunction with their pump data. Glooko’s platform has a broad installed base, which has been deployed in over 30 countries and 8,000 clinical locations. Jeb Besser, CEO of Modular Medical stated, “We are extremely pleased to add the Glooko technology platform to our diabetes care system making it even easier and more cost effective for us to provide this important capability to our clinical and patient base. Glooko’s mission to improve health outcomes of people with chronic conditions through its personalized, intelligent, connected care platform fits perfectly with our vision of providing an easy to use, affordable delivery technology to give more patients access to better care.”

Thanks again for your attention this week. Please continue to share your thoughts, questions, & ideas as we move forward. 

In the meantime, please enjoy the balance of the weekly newsletter’s videos, quotes, updates and let’s find ways to crush it again as we move forward!

Investing & Inspiration

1. “Nothing ever becomes real till it is experienced.” – John Keats
2. “Nobody who ever gave his best regretted it.” – George Halas
3. “Honest disagreement is often a good sign of progress.” – Mahatma Gandhi
4. “A leader is one who knows the way, goes the way, and shows the way.” – John C. Maxwell
5. “They always say time changes things, but you actually have to change them yourself.” – Andy Warhol
6. “The secret of happiness is something to do.” – John Burroughs
7. “The world of reality has its limits; the world of imagination is boundless.”
8. “You begin with the possibilities of the material.” – Robert Rauschenberg
9. “The only Zen you can find on the tops of mountains is the Zen you bring up there.” – Robert M. Pirsig
10. “Leadership is the capacity to translate vision into reality.” – Warren Bennis
11. “A man should always consider how much he has more than he wants.” – Joseph Addison
12. “Happiness is good health and a bad memory.” –  Ingrid Bergman
13. “We pass through this world but once.” – Stephen Jay Gould
14. “Christmas waves a magic wand over this world, and behold, everything is softer and more beautiful.” – Norman Vincent Peale
15. “Nothing can have value without being an object of utility.” – Karl Marx
16. “Always turn a negative situation into a positive situation.” – Michael Jordan
17. “Courage is found in unlikely places.” – J. R. R. Tolkien
18. “One that would have the fruit must climb the tree.” – Thomas Fuller
19. “Someone is sitting in the shade today because someone planted a tree a long time ago.” – Warren Buffett
20. “We relish news of our heroes, forgetting that we are extraordinary to somebody too.” – Helen Hayes
21. “A life spent making mistakes is not only more honorable, but more useful than a life spent doing nothing.” – George Bernard Shaw
22. “Everything in the world may be endured except continual prosperity.”  – Johann Wolfgang von Goethe
23. “Nine-tenths of wisdom is being wise in time.” – Theodore Roosevelt
24. “Time is money.” – Benjamin Franklin
25. “Change before you have to.” – Jack Welch
26. “Our deeds determine us, as much as we determine our deeds.” – George Eliot
27. “The Universe is under no obligation to make sense to you.” – Neil deGrasse Tyson
28. “Care and diligence bring luck.” – Thomas Fuller
29. “Nobody made a greater mistake than he who did nothing because he could do only a little.” – Edmund Burke
30. “A man who is a master of patience is master of everything else.” – George Savile
31. “Once you replace negative thoughts with positive ones, you’ll start having positive results.” – Willie Nelson
32. “Endurance is nobler than strength, and patience than beauty.” – John Ruskin
33. “Act as if what you do makes a difference. It does.” – William James
34. “Let us be grateful to people who make us happy, they are the charming gardeners who make our souls blossom.” –  Marcel Proust
35. “Strength and growth come only through continuous effort and struggle.” – Napoleon Hill
36. “Science may never come up with a better office communication system than the coffee break.” – Earl Wilson
37. “If everyone is moving forward together, then success takes care of itself.” – Henry Ford
38. “Hope is like the sun, which, as we journey toward it, casts the shadow of our burden behind us.”– Samuel Smiles
39. “Patriotism is supporting your country all the time, and your government when it deserves it.” – Mark Twain
40. “What would life be if we had no courage to attempt anything?” – Vincent Van Gogh
41. “The biggest risk is not taking any risk… In a world that is changing really quickly, the only strategy that is guaranteed to fail is not taking risks.” – Mark Zuckerberg
42. “Our lives improve only when we take chances – and the first and most difficult risk we can take is to be honest with ourselves.” – Walter Anderson
43. “Action is the foundational key to all success.” – Pablo Picasso
44. “Success is never final, failure is never fatal. It’s courage that counts.” – John Wooden
45. “Innovation distinguishes between a leader and a follower.” – Steve Jobs
46. “All the art of living lies in a fine mingling of letting go and holding on.” – Havelock Ellis
47. “The size of your success is measured by the strength of your desire; the size of your dream; and how you handle disappointment along the way.” – Robert Kiyosaki
48. “O, wind, if winter comes, can spring be far behind?” – Percy Bysshe Shelley
49. “Patience is a virtue, and I’m learning patience. It’s a tough lesson.” – Elon Musk
50. “Be true to your work, your word, and your friend.” – John Boyle O’Reilly
51. “Believe in yourself! Have faith in your abilities! Without a humble but reasonable confidence in your own powers you cannot be successful or happy.” – Norman Vincent Peale
52. “Surprise is the greatest gift which life can grant us.” – Boris Pasternak
53. “Logic will get you from A to B. Imagination will take you everywhere.” – Albert Einstein
54. “It is the fight alone that pleases us, not the victory.” – Blaise Pascal
55. “Do exactly what you would do if you felt most secure.” – Meister Eckhart
56. “Life lived for tomorrow will always be just a day away from being realized.” – Leo Buscaglia
57. “Wisdom is oftentimes nearer when we stoop than when we soar.” – Wordsworth
58. “Take chances, make mistakes. That’s how you grow. Pain nourishes your courage. You have to fail in order to practice being brave.” – Mary Tyler Moore
59. “A single twig breaks, but the bundle of twigs is strong.” – Tecumseh
60. “If one does not know to which port one is sailing, no wind is favorable.” – Lucius Annaeus Seneca
61. “There is little that can withstand a man who can conquer himself.” – Louis XIV
62. “The limits of the possible can only be defined by going beyond them into the impossible.” – Arthur C. Clarke
63. “Be faithful in small things because it is in them that your strength lies.” – Mother Teresa
64. “The future rewards those who press on. I don’t have time to feel sorry for myself. I don’t have time to complain. I’m going to press on.” – Barack Obama
65. “By three methods we may learn wisdom: First, by reflection, which is noblest; Second, by imitation, which is easiest; and third by experience, which is the bitterest.” – Confucius
66. “No man was ever wise by chance.” – Lucius Annaeus Seneca
67. “Progress is man’s ability to complicate simplicity.” – Thor Heyerdahl
68. “It is not in the stars to hold our destiny but in ourselves.” – William Shakespeare

69. “It does not matter how slowly you go as long as you do not stop.” – Confucius

70. “I want to put a ding in the universe.” – Steve Jobs

71. “Research is creating new knowledge.” – Neil Armstrong

72. “The reward for work well done is the opportunity to do more.” – Jonas Salk
73. “Man is a creative retrospection of nature upon itself.” – Karl Wilhelm Friedrich Schlegel
74. “There’s something about taking a plow and breaking new ground. It gives you energy.” – Ken Kesey

75. “Success seems to be largely a matter of hanging on after others have let go.” – William Feather

76. “The essential conditions of everything you do must be choice, love, passion.” – Nadia Boulanger

77. “More business is lost every year through neglect than through any other cause.” – Rose Kennedy

78. “Give me a lever long enough and a fulcrum on which to place it, and I shall move the world.” – Archimedes

79. “A person who won’t read has no advantage over one who can’t read.” – Mark Twain

80. “The best way out is always through.” – Robert Frost

81. “Start by doing what’s necessary; then do what’s possible; and suddenly you are doing the impossible.” – Francis of Assisi

82. “Without labor nothing prospers.” – Sophocles

83. “Intellectuals solve problems, geniuses prevent them.” – Albert Einstein

84. “This is the precept by which I have lived: Prepare for the worst; expect the best; and take what comes.” – Hannah Arendt

85. “The best and most beautiful things in the world cannot be seen or even touched – they must be felt with the heart.” – Helen Keller

86. “He who is brave is free.” – Lucius Annaeus Seneca

87. “When something is important enough, you do it even if the odds are not in your favor.” – Elon Musk

88. “I choose a block of marble and chop off whatever I don’t need.” – Auguste Rodin

89. “Hope is the only bee that makes honey without flowers.” – Robert Green Ingersoll

90. “He who knows that enough is enough will always have enough.” – Lao Tzu

91. “Plans to protect air and water, wilderness and wildlife are in fact plans to protect man.” – Stewart Udall

92. “In order to carry a positive action we must develop here a positive vision.” – Dalai Lama

93. “A hero is someone who understands the responsibility that comes with his freedom.” – Bob Dylan
94. “Inflation destroys savings, impedes planning, and discourages investment. That means less productivity and a lower standard of living.” – Kevin Brady
95. “If we give something positive to others, it will return to us. If we give negative, that negativity will be returned.” – Allu Arjun
96. “A good plan violently executed now is better than a perfect plan executed next week.” ~ George S. Patton
97. “You must do the things you think you cannot do.”- Eleanor Roosevelt
98. “Success is dependent on effort.” – Sophocles
99. “Nobody who ever gave his best regretted it.” – George Halas
100. “Lots of people want to ride with you in the limo, but what you want is someone who will take the bus with you when the limo breaks down.” ~ Oprah Winfrey
101. “And when I breathed, my breath was lightning.” – Black Elk
102. “Moderation is the silken string running through the pearl chain of all virtues.” – Joseph Hall
103. “You are the sum total of everything you’ve ever seen, heard, eaten, smelled, been told, forgot – it’s all there. Everything influences each of us, and because of that I try to make sure that my experiences are positive.” – Maya Angelou
104. “If you want a guarantee, buy a toaster.” – Clint Eastwood
105. “We are an impossibility in an impossible universe.” – Ray Bradbury
106. “If you think in terms of a year, plant a seed; if in terms of ten years, plant trees; if in terms of 100 years, teach the people.” – Confucius
107. “I’d rather attempt to do something great and fail than to attempt to do nothing and succeed.” – Robert H. Schuller
108. “Do your little bit of good where you are; it’s those little bits of good put together that overwhelm the world.” Desmond Tutu
109. “It takes considerable knowledge just to realize the extent of your own ignorance.” – Thomas Sowell
110. “Do not dwell in the past, do not dream of the future, concentrate the mind on the present moment.” – Buddha”
111. Surprise is the greatest gift which life can grant us.” –  Boris Pasternak
112. “Trust in dreams, for in them is hidden the gate to eternity.” – Khalil Gibran 
113. “Always be yourself, express yourself, have faith in yourself, do not go out and look for a successful personality and duplicate it.” – Bruce Lee
114. “All life is an experiment. The more experiments you make the better.” – Ralph Waldo Emerson
115. “There are no secrets to success. It is the result of preparation, hard work, and learning from failure.” –  Colin Powell
116. “There is more to life than increasing its speed.” – Mahatma Gandhi
117. “Your attitude is like a box of crayons that color your world. Constantly color your picture gray, and your picture will always be bleak. Try adding some bright colors to the picture by including humor, and your picture begins to lighten up.” – Allen Klein
118. “Definiteness of purpose is the starting point of all achievement.” – W. Clement Stone
119. “Success usually comes to those who are too busy to be looking for it.” – Henry David Thoreau
120. “In matters of truth and justice, there is no difference between large and small problems, for issues concerning the treatment of people are all the same.” – Albert Einstein
121. “Life is too short for long-term grudges.” – Elon Musk
122. “There cannot be a crisis next week. My schedule is already full.” – Henry Kissinger
123. “Success consists of getting up just one more time than you fall.” – Oliver Goldsmith
124. “The Earth is the cradle of humanity, but mankind cannot stay in the cradle forever.” – Konstantin Tsiolkovsky
125. “Ours is a world of nuclear giants and ethical infants. We know more about war that we know about peace, more about killing that we know about living.” – Omar N. Bradley
126. “Beauty surrounds us, but usually we need to be walking in a garden to know it.” – Rumi
127. “But man is not made for defeat. A man can be destroyed but not defeated.” – Ernest Hemingway
128. “Don’t watch the clock; do what it does. Keep going.” – Sam Levenson
129. “Let there be work, bread, water and salt for all.” – Nelson Mandela
130. “The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future.” – John Maynard Keynes
131. “A successful society is characterized by a rising living standard for its population, increasing investment in factories and basic infrastructure, and the generation of additional surplus, which is invested in generating new discoveries in science and technology.” – Robert Trout
132. “I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones.” – Albert Einstein
133. “It is the fight alone that pleases us, not the victory.” – Blaise Pascal
134. “If you can’t describe what you are doing as a process, you don’t know what you’re doing.” – W. Edwards Deming
135. “Never interrupt your enemy when he is making a mistake.” – Napoleon Bonaparte
136. “Be sure you put your feet in the right place, then stand firm.” – Abraham Lincoln
137. “Without investment there will not be growth, and without growth there will not be employment.” – Muhtar Kent
138. “You have to do your own growing no matter how tall your grandfather was.” – Abraham Lincoln
139. “Victory has a thousand fathers, but defeat is an orphan.” – John F. Kennedy
140. “Delete the negative; accentuate the positive!” – Donna Karan
141. “It’s crazy how fast time flies and how things progress.” – Nathan Chen
142. “The world is a dangerous place to live; not because of the people who are evil, but because of the people who don’t do anything about it.” – Albert Einstein
143. “Life isn’t about finding yourself. Life is about creating yourself.” – George Bernard Shaw
144. “Everything has beauty, but not everyone sees it.” – Confucius
145. “A man must be big enough to admit his mistakes, smart enough to profit from them, and strong enough to correct them.” – John C. Maxwell
146. “Walking with a friend in the dark is better than walking alone in the light.” – Helen Keller
147. “A man who dares to waste one hour of time has not discovered the value of life.” – Charles Darwin
148. “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
149. “Progress is man’s ability to complicate simplicity.” – Thor Heyerdahl
150. “I like to encourage people to realize that any action is a good action if it’s proactive and there is positive intent behind it.” – Michael J. Fox
151. “Nothing is impossible, the word itself says ‘I’m possible’!” – Audrey Hepburn
152. “But investment in space stimulates society, it stimulates it economically, it stimulates it intellectually, and it gives us all passion.” – Bill Nye
153. “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
154. “Life is a tragedy when seen in close-up, but a comedy in long-shot.” – Charlie Chaplin
155. “No matter what you’re going through, there’s a light at the end of the tunnel and it may seem hard to get to it but you can do it and just keep working towards it and you’ll find the positive side of things.” – Demi Lovato
156. “Infrastructure investment in science is an investment in jobs, in health, in economic growth and environmental solutions.” – Oren Etzioni
157. “Educating our children and giving them the skills they need to compete in a global economy is a smart investment in our country’s future.” – Sheldon Whitehouse
158. “Know thy self, know thy enemy. A thousand battles, a thousand victories.” – Sun Tzu
159. “If one does not know to which port one is sailing, no wind is favorable.” – Lucius Annaeus Seneca
160. “Beware of missing chances; otherwise it may be altogether too late some day.” – Franz Liszt
161. “The sofa is a really important investment for anybody, and I don’t mean financially. You need to find a really great sofa that can transition with you, and you can build from there.” – Jeremiah Brent
162. “There is no investment you can make which will pay you so well as the effort to scatter sunshine and good cheer through your establishment.” – Orison Swett Marden
163. “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
164. “There is little that can withstand a man who can conquer himself.” – Louis XIV
165. “In tennis, you strike a ball just after the rebound for the fastest return. It’s the same with investment.” – Masayoshi Son
166. “A camel makes an elephant feel like a jet plane.” – Jackie Kennedy
167. “The advance of technology is based on making it fit in so that you don’t really even notice it, so it’s part of everyday life.” – Bill Gates
168. “Success depends upon previous preparation, and without such preparation there is sure to be failure.” – Confucius, Chinese 
169. “Coming together is a beginning; keeping together is progress; working together is success.” – Edward Everett Hale
170. “Never do anything against conscience even if the state demands it.”– Albert Einstein
171. “Education is not only a ladder of opportunity, but it is also an investment in our future.” – Ed Markey
172. “The true measure of a man is how he treats someone who can do him absolutely no good.” – Samuel Johnson
173. “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
174. “A successful society is characterized by a rising living standard for its population, increasing investment in factories and basic infrastructure, and the generation of additional surplus, which is invested in generating new discoveries in science and technology.” – Robert Trout
175. “The best preparation for tomorrow is doing your best today.” – H. Jackson Brown, Jr.
176. “Friendship marks a life even more deeply than love. Love risks degenerating into obsession, friendship is never anything but sharing.” – Elie Wiesel
177. “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
178. “Success isn’t measured by money or power or social rank. Success is measured by your discipline and inner peace.” – Mike Ditka
179. “No matter how many goals you have achieved, you must set your sights on a higher one.” – Jessica Savitch 
180. “Start where you are. Use what you have. Do what you can.”– Arthur Ashe
181. “The secret of getting ahead is getting started.” – Mark Twain
182. “The amount of work and the amount of both physical and emotional investment it takes to get to the top.” – Drew Bledsoe