Markets Experience Another Record Setting Week – $AAPL $DWAC $INM $INMB $MARK $NFLX $PHUN $TSLA Rise!

Happy Weekend All!

I hope that you all had a great week and that your investment accounts all shot up significantly moving in concert with the markets overall positive weekly move. Curiously, just like last week, investors could see ‘no evil’ for the most part as 10 of the 11 sectors finished the week in the green, with only the communication services sector ticking down .6% (now off a 1% over the last two weeks). The real estate sector moved up 3.2%, the health care sector moved 2.9%, the financials sector moved 2.8%, & the utilities sector moved up 2.4% to lead the way. A number of quarterly earnings reports continued to hit the tape this week from marquis names, i.e Honeywell (HON) & Proctor & Gamble (PG), with earnings beats from all sectors, but a number of the same companies also added supply chain issues to a mix of warnings. Nevertheless, the markets rose significantly as the S&P 500 closed at 4,544.90 (+1.6%) setting a new record high & is now up 21% YTD, the Dow 30 closed at 35,677.02 (+1.1%) also setting a new record high & is now up 16.6% YTD, & the Nasdaq closed at 15,090.20 (+1.3%) and is now up 17.1% YTD.  The small caps on the Russell 2000 also followed suit and closed at 2,291.27 (+1.1%) & is up 16% YTD. On a somewhat somber note, the MicroCaps only ticked up a wee bit as the iShares Micro-Cap ETF (IWC) closed at $146.84, +.27% for the week & is now up 23.76% YTD. 

THE ‘MACRO’

Many more macroeconomic reports surfaced again this week. On Monday, the total industrial production report confirmed a drop by 1.3% in September, while the capacity utilization rate fell to 75.2%. The NAHB Housing Market Index report confirmed a 4 point M/M rise to 80 in October.  On Tuesday, the housing starts report confirmed a drop by 1.6% M/M in September to a seasonally adjusted annual rate of 1.555M units, while building permits came in off 7.7% M/M to a seasonally adjusted annual rate of 1.589M and showing no growth Y/Y. On Wednesday, the weekly MBA Mortgage Applications Index report confirmed a drop by 6.3%. The weekly crude oil inventories report also confirmed a drop by 431k barrels. On Thursday, the initial claims report for the week ending October 16 confirmed a drop by 6k to 290k, while continuing claims for the week ending October 9 fell by 122k to 2.481M. The existing home sales report sales confirmed a rise by 7% M/M in September to a seasonally adjusted annual rate of 6.29M. The Conference Board’s Leading Economic Index (LEI) report confirmed a rise by .2% in September. The Philadelphia Fed Index report for October dropped to 23.8. On Friday, the preliminary IHS Markit Manufacturing PMI report confirmed a drop to 59.2 in October from 60.7, while the preliminary IHS Markit Services PMI showed a rise to 58.2 in October.

The U.S. Dollar Index ended at 93.62 moving down from the 93.94 mark last week, and is now down for 2 weeks straight. 

The yield curve moved higher again this week with the 10-yr yield closing at 1.66% up 8 basis points wk/wk and the 2yr yield closed at .47% up 7 basis points. 

Next week, the macroeconomic schedule will serve the Consumer credit and consumption reports & GDP growth report.

FAANG’s – $AAPL & $NFLX MOVE HIGHER

The FAANG’s weekly returns were as follows: Apple (AAPL) closed at $148.69, +2.66%. Amazon (AMZN) closed at $3,335.55, -2.16% for the week, Alphabet (GOOG) closed at $2,772.50, -2.15% for the week, Facebook (FB) closed at $324.61, -.05% this week & Netflix (NFLX) closed at $664.78/share, +5.81%. The MicroSectors FANG+ Index 3X Leveraged ETN (FNGU), which offers 3x leveraged exposure to an index of “FANG” companies, and other companies that exhibit similar characteristics, closed at $41.35, +8.87% for the week. 

Netflix posted Q3 revenues of $7.48B, up 16.3% from a year ago and in line with the company’s guidance and better than expected subscriber growth adding 4.4M subscribers on the strong back of the “Squid Game”. Profits were $3.18/sh beating Wall Street’s estimates of $2.56 a share. Operating margin was 23.5%, up from 20.4% a year ago. The company stated that their free cash flow in Q3 was negative $106M.

Amazon will hold a conference call to discuss its third quarter 2021 financial results on Thursday, October 28, 2021, at 2:30 p.m. PT/5:30 p.m. ET. The event will be webcast live, and the audio and associated slides will be available for at least three months thereafter at www.amazon.com/ir.

EV- TECH – $TSLA ROCKETS

Leading EV car maker Tesla (TSLA) jumped higher to close at $909.68, +7.33% for the week after establishing a new record high of $910. Tesla released its financial results for the third quarter of 2021 this week by posting an update on its Investor Relations website at https://ir.tesla.com. In short, they topped estimates, but quarterly revenues came in short of expectations. Revenues came in at $13.76 billion vs. $13.91 billion expected, $8.77 billion Y/Y & Adjusted earnings per share came in at  $1.86 vs. $1.67 expected, 76 cents Y/Y. Tesla also reconfirmed the company’s guidance that it will achieve 50% average annual growth in vehicle deliveries over a stated multi-year horizon.

Shares of Ford Motor Co. (F) moved higher to close at $16.28, +3.69% for the week and ~14% over the last 3 weeks. On Oct. 4th, Ford reported that new products & improved inventory have propelled Ford to “Top-Selling Automaker in September” with Retail Sales Up 34.3% compared to August; 52,000 New Vehicle Orders Placed; Lincoln Brand retail sales increased 52.6% over August as Nautilus sales soared.

Microsoft (MSFT) closed at $309.16, +1.63% for the week. On October 14, Microsoft released its annual proxy statement and announced the nomination of Carlos A. Rodriguez, president and CEO of Automatic Data Processing (ADP), to the Microsoft board of directors. Rodriguez will be presented for election at the company’s annual shareholders meeting, which will be held Nov. 30, 2021. Carlos Rodriguez joined ADP in 1999 and took on roles of increasing responsibility until being named president and CEO of ADP in 2011, becoming the sixth CEO since its 1949 founding. He is a recognized leader in the human capital management industry and has led the global tech company through significant shifts in the world of work including the impacts of digital transformation. Rodriguez holds an MBA and a Bachelor of Arts from Harvard University. He is also a member of the Business Roundtable, the Economic Club of New York and the American Heart Association CEO Roundtable.

Dow 30 component and global leader in CRM, salesforce.com (CRM), closed at $292.56, +.31% this week. On September 23, salesforce announced a revision to its Fiscal Year 2022 revenue guidance and initiation of Fiscal Year 2023 guidance as of Sept. 23, 2021. The raised FY22 revenue guidance to a range of $26.25 billion to $26.35 billion.

NVIDIA Corporation closed lower $227.26, +3.99% for the week.  On Oct. 21, NVIDIA announced its next-generation cloud gaming platform — delivering GeForce RTX™ 3080-class gaming on GeForce NOW™ — available exclusively in a new, high-performance membership tier. The GeForce NOW RTX 3080 membership tier provides gamers with access to the greatest-ever generational leap in GeForce® history, delivering cloud gaming’s highest resolutions and fastest frame rates, paired with the lowest latency.

Cathie Wood’s ARK Innovation ETF (ARKK) closed at $117.75, +1.68% for the week.

The Technology Select Sector SPDR Fund (XLK) closed at $158.41, +1.6% for the week.

DISNEY

Disney (DIS) closed at $169.42, -3.99% for the week. 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.

BIOTECH & HEALTHCARE

The Nasdaq Biotechnology ETF (IBB) closed at $158.44, +.88% for the week. The NYSE ARCA Biotech Index (^BTK) closed at 5,613.50, -.39% for the week and is now down -2.19% YTD. In concert this week, the SPDR S&P Biotech ETF (XBI) closed at $124.18, -.72% for the week and is off 11.79% for the year. The XBI’s 52-wk range is $110.07-$174.79.

Bristol-Myers Squibb Co (BMY) is now reportedly (Bloomberg) planning to tender its 11.5% equity position in Acceleron Pharma Inc (XLRN) after Merck (MRK) agreed to buy the biotechnology company for $11.5 B, Bloomberg reported citing people with knowledge of the matter.

This week, Atossa Therapeutics (ATOS) released a short video message recognizing Breast Cancer Awareness Month, and urging women to get mammograms. In the video message, which can be found on Atossa’s website here, Dr. Quay cites that the global pandemic “changed everything” with regard to breast cancer screening, indicating that many women have ceased to seek out their mammograms since the initial COVID-19 outbreak. This is corroborated in an article in the October 2021 issue of the peer-reviewed medical journal, Preventative Medicine, which indicated this was a particular problem in women of color and those who fall in the lower income brackets.

Shares of InMed Pharmaceuticals (NASDAQ: INM) flew up 15.71% week over week to close at $1.62 and its 10-day avg. trading volume is now up 1.42 million shares a day.  On Oct. 23 InMed announced that they have completed the previously announced acquisition of BayMedica Inc., a private company based in the US specializing in the manufacturing and commercialization of rare cannabinoids for the health and wellness sector. Eric A. Adams, President and Chief Executive Officer of InMed, stated, “We are delighted to close this acquisition and welcome everyone at BayMedica to the InMed team. In the next several weeks, we will focus on corporate integration, exploring our combined manufacturing know-how and looking to accelerate revenue growth. BayMedica brings significant expertise and will help strengthen our pharmaceutical drug development efforts as well as position the Company to become a global leader in the manufacturing of rare cannabinoids.”

On October 20, INVO Bioscience (NASDAQ: INVO), a medical device company focused on creating alternative treatments for patients diagnosed with infertility and developers of INVOcell®, the world’s only in vivo Intravaginal Culture System, announced that four exciting poster abstracts were presented discussing INVOcell at the 77th Scientific Congress & Expo of the American Society for Reproductive Medicine (ASRM) being held this week in Baltimore, Maryland. “It’s extremely rewarding to see our technology highlighted at this year’s ASRM. Four independent abstracts were selected for presentation at the fertility industry’s most prominent annual meeting. On behalf of the entire INVO team, we sincerely appreciate the work of the many clinicians that now support INVOcell as a solution and thank those that contributed their independent work in advancing the understanding of the unique capabilities of INVOcell. These types of events and studies emphasize the opportunity we have to democratize advanced fertility services through the unique attributes of the INVOcell solution and bring care to the large, underserved patient population around the world,” stated Steve Shum, CEO of INVO Bioscience. LEARN MORE! 

GOLD & SILVER MOVE HIGHER

Gold prices closed at $1,793 up $24 for the week & silver prices closed at $24.40, +$1.06/oz for the week.

MEMES REPORT

AMC Entertainment (AMC), closed at $36.60, -10.16% for the week. On October 15, AMC,  the largest theatrical exhibitor in the United States, in Europe & the Middle East and in the world, announced that as of this week, guests can find select showtimes utilizing an open caption format at 240 AMC locations, in more than 100 U.S. markets. The offering of some open caption showtimes for all new release movies is intended to expand the overall movie-going audience, especially intended for those with hearing difficulties or where English is a second language. Of course, all AMC moviegoers are welcome at open caption showtimes.

GameStop (GME) closed at $169.80, -7.35% for the week. 

Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) closed at $1.16, -4.13% for the week. SHIP is the ‘only pure-play Capesize ship-owner publicly listed in the US’, recently announced that its Board of Directors has authorized a share repurchase plan. Under the Plan, the Company may repurchase up to $17 million of its outstanding common shares, representing approximately 10% of the Company’s market capitalization as of August 10, 2021. On Oct. 19, Seaenergy announced that it has entered into a definitive agreement with an unaffiliated third party to purchase a Capesize vessel . In addition, the Company has recently completed the sale and delivery of its oldest Capesize vessel, the M/V Leadership, 2001-built, to its new owners. The Vessel was built in 2010 at a reputable shipyard in Japan, has a cargo-carrying capacity of approximately 181,500 deadweight tons (“dwt”) and will be renamed M/V Dukeship. The M/V Dukeship is expected to be delivered within November 2021, subject to the satisfaction of certain customary closing conditions. Following her delivery, Seanergy’s fleet will increase to 17 Capesize vessels with an aggregate cargo capacity exceeding 3 million dwt. The Vessel is fitted with a ballast water treatment system, while the special survey was recently completed by the current owner and, therefore, the Company does not anticipate incurring any significant off-hire or capital expenditures for this Vessel for the next two years. The purchase price of $34.3 million is expected to be funded with cash on hand.

Former President Donald Trump reportedly has now organized Trump Media & Technology Group to create his own social media site called Truth Social after being banned from social media sites i.e. Twitter, Facebook, etc. He has also now agreed to merge with the SPAC called Digital World Acquisition (DWAC). Trump Media & Technology will also form a subscription-based video-on-demand service, TMTG+. Shares of DWAC skyrocketed from the $10 range to an intraweek high of $175 to close at $94.20 and up +845.78% over the last 5 days!

Shares of Phunware, Inc. (NASDAQ: PHUN) shot up to close at $8.74, +471.24% on Friday as it was linked to the DWAC story as a rumor surfaced that it may play a role in the development of Donald Trump’s ‘Truth Social’. PHUN states that it is a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide. On Oct. 19, PHUN announced that it has formally closed the acquisition of privately-held Lyte Technology, Inc. (“Lyte”), a fast-growing provider of high performance computer systems. The Company financed the closing consideration of $3.32 million with cash on-hand and unsecured, non-dilutive debt.

Shares of Remark Holdings, Inc. (NASDAQ: MARK), skyrocketed on Friday to close at $2.17, +138.44% prior to legging to an aftermarket high of $3.32.  Remark states that it is a diversified global technology company with leading artificial intelligence (“AI”) solutions and digital media properties. On Oct. 12, the company announced the launch of an upgraded KanKan AI Platform for school campus management intended to meet educational reform and technology requirements in China. Additionally, the company announced the expansion of its distributor network, adding five resellers in existing and new territories throughout China. Their stated  internal goal is to install our platform in more than 3,000 of those schools, an $18 million opportunity.

BITCOIN

Bitcoin $BTC.X closed at $60,572.75 -2.34% this week.

ENERGY

The Energy Select Sector SPDR Fund or ETF (XLE) closed at $57.95, +1.08% over the last five days & 52.90% YTD. 

Oil prices surged once again to close at $84.20 up 2.3% since last Friday and now up a whopping +73.5% YTD.  

NEXT WEEK

The stock market will enjoy another normal 5-day trading week.

VP WATCHLIST UPDATES

Please review our complete VP Watchlist that includes Apple (AAPL), Disney (DIS), Tesla (TSLA) & a select group of emerging names.  The pages will allow you to learn more and keep up with these companies daily.

For now, see the summaries or five of the emerging companies from the VP Watchlist below:

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. 

Investing & Inspiration

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

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

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

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

15. “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
16. “One fails forward toward success.” – Charles Kettering
17. “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
18. “I hear and I forget. I see and I remember. I do and I understand.” – Confucius
19. “I’m a very strong believer in listening and learning from others.” – Ruth Bader Ginsburg
20. “Blessed are those who give without remembering and take without forgetting.” – Elizabeth Bibesco
21. “As you walk down the fairway of life you must smell the roses, for you only get to play one round.” – Ben Hogan
22. “Progress is man’s ability to complicate simplicity.” – Thor Heyerdahl
23. “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
24. “Ever tried. Ever failed. No matter. Try Again. Fail again. Fail better.” -Samuel Beckett
25. “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
26. “Work like you don’t need the money. Love like you’ve never been hurt. Dance like nobody’s watching.” – Satchel Paige
27. “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
28. “The secret of business is to know something that nobody else knows.” – Aristotle Onassis
29. “It takes a long time to grow an old friend.” – John Leonard
30. “Life is a dream for the wise, a game for the fool, a comedy for the rich, a tragedy for the poor.”– Sholom Aleichem
31. “The truth is you don’t know what is going to happen tomorrow. Life is a crazy ride, and nothing is guaranteed.” – Eminem
32. “Man is only great when he acts from passion.” – Benjamin Disraeli
33. “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
34. “We must let go of the life we have planned, so as to accept the one that is waiting for us.” – Joseph Campbell
35. “Put your heart, mind, and soul into even your smallest acts. This is the secret of success.” – Swami Sivananda
36. “I can’t change the direction of the wind, but I can adjust my sails to always reach my destination.” – Jimmy Dean
37. “Companies have too many experts who block innovation. True innovation really comes from perpendicular thinking.” – Peter Diamandis
38. “By failing to prepare, you are preparing to fail.” – Benjamin Franklin
39. “We cannot solve our problems with the same thinking we used when we created them.” – Albert Einstein
40. “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
41. “Set your course by the stars, not by the lights of every passing ship.” – Omar N. Bradley
42. “Do not take life too seriously. You will never get out of it alive.” – Elbert Hubbard
43. “Education is not only a ladder of opportunity, but it is also an investment in our future.” – Ed Markey 
44. “Every good painter paints what he is.” – Jackson Pollock
45. “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
46. “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
47. “You cannot have a positive life and a negative mind.” – Joyce Meyer 
48. “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
49. “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 
50. “Life consists not in holding good cards but in playing those you hold well.” – Josh Billings 
51. “Friend, there’s no greater investment in life than in being a people builder. Relationships are more important than our accomplishments.” – Joel Osteen
52. “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
53. “The more sand that has escaped from the hourglass of our life, the clearer we should see through it.” – Jean Paul 

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

55. “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
56. “In every investment, before I get involved or invest, I always see what the mindset of the founder, the CEO, is.” – Zaza Pachulia
57. “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
58. “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
59. “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
60. “To be yourself in a world that is constantly trying to make you something else is the greatest accomplishment.” – Ralph Waldo Emerson
61. “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
62. “The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.” – William Arthur Ward- American Writer, Born 1921
63. “Once you replace negative thoughts with positive ones, you’ll start having positive results.” – Willie Nelson
64. “The secret of your future is hidden in your daily routine.” – Mike Murdock
65.  “If somebody puts you down or criticizes you, just keep on believing in yourself and turn it into something positive.” – Leah LaBelle
66. “Opportunity is missed by most people because it is dressed in overalls and looks like work”. -Thomas A. Edison
67. “Education is not only a ladder of opportunity, but it is also an investment in our future.” – Ed Markey

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

69. “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
70. “Success is not final, failure is not fatal: it is the courage to continue that counts.” – Winston Churchill

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

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

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

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

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

76. “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

77. “What lies behind you and what lies in front of you, pales in comparison to what lies inside of you.” – Ralph Waldo Emerson
78. “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
79. “Life is 10% what happens to you and 90% how you react to it.” – Charles R. Swindoll
80. “The truth is you don’t know what is going to happen tomorrow. Life is a crazy ride, and nothing is guaranteed.” – Eminem

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

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

83. “If you don’t know where you are going, any road will get you there.” – Lewis Carroll
84. “Once you replace negative thoughts with positive ones, you’ll start having positive results.” – Willie Nelson
85. “That which does not kill us makes us stronger.” – Friedrich Nietzsche
86. “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
87. “A problem is a chance for you to do your best.”–  Duke Ellington
88. “The best way to predict the future is to create it.” -Peter Drucker
89. “I’m involved in the stock market, which is fun and, sometimes, very painful.” – Regis Philbin
90. “Who owns the future? This is the question at the heart of every stock market.” – John Landgraf
91. “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
92. “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
93. “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
94. “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
95. “The only way to have a friend is to be one.” –  Ralph Waldo Emerson
96. “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

97. “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

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

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

100. “Give me a lever long enough and a fulcrum on which to place it, and I shall move the world.” – Archimedes
101. “Who controls the past controls the future. Who controls the present controls the past.” – George Orwell
102. “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
103. “The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.” – William Arthur Ward
104. “Start where you are. Use what you have. Do what you can.” – Arthur Ashe
105. “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

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

107. “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
108. “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

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

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

111. “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

112. “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
113. “Inflation destroys savings, impedes planning, and discourages investment. That means less productivity and a lower standard of living.” – Kevin Brady
114. “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
115. “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
116. “Historically, there has been a bull market in the commodities every 20 or 30 years.” – Jim Rogers
117. “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
118. “Stop trying to predict the direction of the stock market, the economy or the elections.” – Warren Buffett
119. “An important key to investing is to remember that stocks are not lottery tickets.” – Peter Lynch
120. “Learn everyday, but especially from the experiences of others. It’s cheaper!” – John Bogle
121. “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
122. “No stock price is too low for bears or too high for bulls.” – John F. Heerdink, Jr.

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

124. “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

125. “Even the intelligent investor is likely to need considerable willpower to keep from following the crowd.” – Benjamin Graham
126. “Individual who cannot master their emotions are ill-suited to profit from the investment process.” – Benjamin Graham
127. “I made my first investment at age eleven. I was wasting my life until then.” – Warren Buffet
128. “I don’t look to jump over seven-foot bars; I look around for one-foot bars that I can step over.” — Warren Buffett
129. “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
130. “Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble” ― Warren Buffett
131. “If you buy things you do not need, soon you will have to sell things you need.” – Warren Buffet
132. “How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.” — Robert G. Allen
133. “It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.” – Warren Buffett
134. “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
135. “Every once in a while, the market does something so stupid it takes your breath away.” — Jim Cramer
136. “The person who starts simply with the idea of getting rich won’t succeed; you must have a larger ambition.” — John D. Rockefeller
137. “Know what you own, and know why you own it.” – Peter Lynch
138. “Although it’s easy to forget sometimes, a share is not a lottery ticket… it’s part ownership of a business.” – Peter Lynch
139. “Wise spending is part of wise investing. And it’s never too late to start.” – Rhonda Katz

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

141. “Fear incites human action far more urgently than does the impressive weight of historical evidence.”
     -Jeremy Siegel
142. “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
143. “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

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

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

146. “Games are won by players who focus on the playing field –- not by those whose eyes are glued to the scoreboard.”
     ― Warren Buffett
147. “The key to making money in stocks is not to get scared out of them.” – Peter Lynch
148. “Courage taught me no matter how bad a crisis gets … any sound investment will eventually pay off.” — Carlos Slim Helu
149. “Investing puts money to work. The only reason to save money is to invest it.” – Grant Cardone
150. “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
151. “Given a 10% chance of a 100 times payoff, you should take that bet every time.” — Jeff Bezos
152. “Money is always eager and ready to work for anyone who is ready to employ it.” ― Idowu Koyenikan
153. “The secret to investing is to figure out the value of something – and then pay a lot less.” – Joel Greenblatt
154. “We don’t have an analytical advantage, we just look in the right place.” – Seth Klarman
155. “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
156. “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
157. “No Price is too low for a bear or too high for a bull.” — Anonymous
158. “Investment is an asset or item that is purchased with the hope that it will generate income or appreciate in the future.” Anonymous
159. “Behind every stock is a company. Find out what it’s doing.” — Peter Lynch
160. “Wise spending is part of wise investing. And it’s never too late to start.” –Rhonda Katz
161. “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
162. “A bull market is like sex. It feels best just before it ends.” — Barton Biggs
163. “The investor’s chief problem — even his worst enemy — is likely to be himself.” — Benjamin Graham
164. “No profession requires more hard work, intelligence, patience, and mental discipline than successful speculation.” – Robert Rhea
165. “Money is like a sixth sense – and you can’t make use of the other five without it.” – William Somerset Maugham
166. “Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it.” — Albert Einstein
167. “Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results” — Warren Buffett
168. “The stock market is a device for transferring money from the impatient to the patient.” – Warren Buffett
169. “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
170. “Investing puts money to work. The only reason to save money is to invest it.” – Grant Cardone
171. “You cannot save time for your future use however you can invest time for your future.” – John F. Heerdink, Jr. 
172. “Know what you own, and know why you own it.” – Peter Lynch
173. “Liquidity is only there when you don’t need it.” -Old Proverb
174. “If you want to be a millionaire, start with a billion dollars and launch a new airline.” – Richard Branson
175. “Fear incites human action far more urgently than does the impressive weight of historical evidence.” – Jeremy Siegel
176. “In investing, what is comfortable is rarely profitable.” – Robert Arnott
177. “Spend each day trying to be a little wiser than you were when you woke up.” – Charlie Munger
178. “The entrance strategy is actually more important than the exit strategy.” – Edward Lampert
179. “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
180. “It is impossible to produce superior performance unless you do something different from the majority.” – John Templeton
181. “An investment in knowledge pays the best interest.” – Benjamin Franklin.
182. “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
183. “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
184. “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
185. “If all the economists were laid end to end, they’d never reach a conclusion. -George Bernard Shaw
186. “There are old traders and there are bold traders, but there are very few old, bold traders.”-Ed Seykota
187. “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.”
188. “As long as you enjoy investing, you’ll be willing to do the homework and stay in the game.” -Jim Cramer
189. “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
190. “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
191. “The policy of being too cautious is the greatest risk of all.” -Jawaharlal Nehru
192. “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
193. “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
194. “The four most dangerous words in investing are: ‘this time it’s different.” -Sir John Templeton
195. “Money doesn’t make you happy. I now have $50 million but I was just as happy when I had $48 million.” -Arnold Schwarzenegger