fbpx

YOUR GUIDE TO STAYING INFORMED IN THE MARKETS

Subscribe for FREE Email Updates & Access To EXCLUSIVE Research!

Stocks Swing As Recessionary Data Arrives This Week – $AAPL $ATOS $BRQS $COIN $INM $JPM $NKE Rise!

By John F. Heerdink, Jr.


Quote of the Day:  “Innovation distinguishes between a leader and a follower.” – Steve Jobs


Happy Saturday!

I hope that you had a great week and are out making the most of your weekend.  I am happy to report that I am still in Arizona enjoying the heat as of the time of the publishing of this letter, but will be back home in San Francisco and hoping for better weather than what we have experienced recently in the City by the bay. This week, I had a great time reconnecting, in person, with a number of people in the Phoenix area that are members of our sister organization, Tribe Public. If you are not familiar with Tribe Public, please note that the company hosts CEO Presentation and Q&A Events in the U.S., both Webinar based and in- person, where Tribe members (Portfolio Managers, Family Offices, Investment Advisors, Accredited Investors, Retail Investors, Sell-side Analysts, & Members of Media) join together, for free, to collectively request and attend efficient corporate sponsored luncheon-based presentation events. This process allows members to meet & learn from the heads of companies they care about and network within their community when in-person. The members primarily express their interest via the Tribe’s ‘Wishlist Process’ where they add the names of the the companies they care about at the website or send an email to research@tribepublic.com. The Tribe also hosts webinar-based events for its global community of members that has spanned across 27-countries. Please consider joining the Tribe and submit your interest and join us in  learning this process as well. 

As for the broad markets this week, the stocks overall experience a positive week, while macroeconomic reports surfaced once again exhibiting signs of a slowing U.S. economy, if not a recession & giving hopes that the Fed may at least slow their current rate of interest rate increases. The schedule included on Monday, the wholesale inventories report that confirmed a .1% move higher in February. On Tuesday, the NFIB Small Business Optimism Survey report came in lower at 90.1. On Wednesday, the Total CPI came in a bit lower than expected, but still up .1% M/M, while the Core-CPI rose .4% in line with expectations. The Total CPI is up 5% Y/Y, while the Core-CPI came in up 5.6% Y/Y. The FOMC Minutes also revealed that the Fed remains steadfast in that they belief that inflation is still at too high and they are still targeting 2%, that the banking crisis could lead us in to recession, & that interest rate hikes are likely in the cards. The macroeconomic schedule also produced the weekly MBA Mortgage Applications Index report that came in up 5.3% as purchase applications flew up 8%, however refinance apps came in level. The weekly EIA Crude Oil Inventories report casein with a .597M/barrel build. On Thursday, the Producer Price Index or PPI for final demand report showed a .5% M/M drop in March & on a Y/Y basis, the index for final demand move up a mere 2.7% vs. 4.9% in February. The Initial claims report for the week ending April 8 also showed a 11k rise to 239k, while continuing claims for the week ending April 1came in at 1.81M down 13k. The Weekly EIA Natural Gas Inventories confirmed a 25 bcf build. On Friday, the total retail sales report showed a 1% M/M drop in March. The Import prices report showed a .6% M/M drop and is off 4.6% Y/Y. The Export prices report also showed a.3% M/M drop & was off 4.8% Y/Y.  The Total industrial production report shoed a .4% M/M rise in March. The capacity utilization rate moved up to  79.8%. The Business Inventories report moved up .2% in February. The preliminary University of Michigan Consumer Sentiment Index report for April came in at 63.5.

Oil prices moved higher again closing at $82.65, up another 2.4% after last week’s +6.3% increase. The move has come after OPEC+ ‘s recently announced that they would be restricting production significantly beginning this May and would continue do so for the balance of 2023. 

The yield curve edged higher this week as the 2-yr yield moved up to 4.11% & the 10-yr yield closed up to 3.52%. The U.S. Dollar Index moved higher by to end at 101.58. 


The S&P 500 closed at 4,138 (+.08%) for the week and is now up 7.8% YTD with 7 of the eleven sectors closing in the green. The  financials sector led all with a 2.9% gain. The 6.82% weighting of the shares of Apple (AAPL) provided relative strength this week as it closed at $165.21, +.33% over the last 5-days, however EV giant Tesla (TSLA) closed at $185.00, ticking lower by .03% over the course of the week.

The Dow 30 rose to close at 33,886 (+1.2%) and is now up 2.2% YTD.  The Walt Disney Company (DIS) closed at $99.90, -.07% over the last 5-days. Nike (NKE) closed at $125.95, up 4.77% over the last 5-days after beating quarterly expectations recently. Burger chain giant McDonald’s (MCD, $288.98, +2.15% over the last 5-days) after recently announcing job cuts and other changes across their company. 

The Nasdaq closed edged up this week closing at 12,123 (+.3%) and is up a solid 15.8% YTD.  

The small caps on the Russell 2000 closed at 1,781.15 (+1.52%) for the week & is now up 1.13% YTD. The MicroCaps also moved solidly higher again this week as the iShares Micro-Cap ETF (IWC) closed at $102.95 rising 1.27% this week & is now down 4.53% YTD.  

US Banks kicked off the current earnings season exceeding the street’s expectations widely. JPMorgan Chase (JPM, $138.73, +8.83% over the last 5-days) confirmed that revenues came in at $38.3B up 25% Y/Y & $12.6B in profits that jumped a whopping 52% over Q1/2022. Citigroup (C, $49.56, +*.07% over the last 5-days) earned $4.6B, PNC (PNC, $121.85, -.02% over the last 5-days) earned $1.7B & Wells Fargo (WFC, $39.64, +4.59% over the last 5-days) earned $5B. On the regional bank front, The SPDR Regional Bank ETF (KRE) moved higher by 1.53% to close at $43.15, while First Republic Bank (FRC) closed at $13.61, -1.52%. Warren Buffett who runs Berkshire Hathaway (BRK) stated in an interview with CNBC, People “do not need to be panicked” about the (Banking) industry and “nobody is going to lose money on a deposit in a U.S. bank.” 

Biotech stocks moved up overall this week again. On the larger side of things, the Nasdaq Biotechnology ETF (IBB) moved up and closed at $132.43, +1.05% over the last 5-days and is up .87% YTD, the NYSE ARCA Biotech Index (^BTK) closed at 5,391.43, -.01% over the last 5-days and is now up +2.09% YTD, & the SPDR S&P Biotech ETF (XBI) closed at $78.19, up 1.72% over the last 5-days & is now down 5.80% YTD. The 52-week range is is now $61.78-$95.18. 

The iShares U.S. Healthcare ETF (IYH) closed at $283.54, +.81% over the last 5-days and is now down .06% YTD. 

From the world of cryptocurrency, Coinbase Global (COIN) closed at $69.91 jumping +13.79% over the past 5-days managed to move above the $30k level for the first time in a few months.

The CBOE Volatility Index (^VIX) closed at $17.07,-7.23% over the last 5-days.

FURTHER AFIELD

  • The multi-billion-dollar global fertility market is predicted to reach approximately US$47.9 billion by 2030, yet remains severely underserved with many patients (upwards of 90% by many estimates) unable to access affordable treatment. INVO Bioscience, Inc. (NASDAQ: INVO) offers the INVOcell solution which provides an advanced, effective and affordable infertility treatment to help increase access to care. INVO is commercially advancing INVOcell through the opening of INVO Centers, opportunistically now pursuing acquisitions of established fertility (IVF) clinics in the U.S., and continuing to offer the technology to existing fertility practices.  Shares INVO closed at $.4709. The 52-wk range is $.3290 – $2.07.
  • INVO will report financial results for its fourth quarter and fiscal year 2022, for the period ended December 31, 2022, after the market close on Monday, April 17, 2023. The Company has scheduled a conference call that same day, Monday, April 17, 2023, at 4:30 pm ET, to review the results. Interested parties can access the conference call by dialing 833-756-0861 or 412-317-5751. Live Webcast Information: Interested parties can access the conference call via a live webcast, which is available in the Investor Relations section of the Company’s website at https://www.invobioscience.com/investors/ or https://app.webinar.net/2QzngYNWE01.
  • On March 27, INVO Bioscience announced the closing of its previously announced registered direct offering of 3,680,000 shares of common stock (or pre-funded warrants in lieu thereof), priced at-the-market under Nasdaq rules. In a concurrent private placement, the Company also issued warrants to purchase up to an aggregate of 5,520,000 shares of common stock. The combined effective offering price for each share of common stock (or pre-funded warrant in lieu thereof) and warrant is $0.815. The warrants are immediately exercisable, expire on the eight-year anniversary of the issuance date and have an exercise price of $0.63 per share. Maxim Group LLC is acting as the sole placement agent for the offering.

  • On Monday, March 20, INVO announced that they have signed binding agreements to acquire Wisconsin Fertility Institute, a materially transformative acquisition. The Madison-based fertility center primarily offers conventional IVF procedures and generated approximately $5.5 million in revenue and net income of approximately $1.9 million for the trailing 12-month period ended September 30, 2022. Wisconsin Fertility Institute is one of the state’s preeminent fertility centers, having helped to welcome over 5,000 babies since opening its doors in 2007 and with approximately 550 conventional IVF procedures completed in 2022. Wisconsin Fertility Institute is led by internationally renowned and well-respected fertility expert, Dr. Elizabeth Pritts, who will continue to serve as the clinic’s lead physician for a minimum period of three years from the closing of the acquisition. Dual-certified in General Obstetrics and Gynecology, as well as Reproductive Endocrinology and Infertility, Dr. Pritts completed a surgical fellowship in Advanced Gynecologic Laparoscopy and Hysteroscopy. She is also a national leader in the use of robotic surgery for gynecologic disorders. Dr. Pritts served as an assistant professor in reproductive endocrinology and infertility at the University of Wisconsin Medical School, as a clinical fellow at the University of California at San Francisco, and as an instructor at Yale University School of Medicine. She has authored more than 70 articles for scientific publications and has lectured throughout the world on reproduction and fertility. Read out latest Progress Report here. 

  • Borqs Technologies, Inc. (Nasdaq: BRQS, $.25, +1.21% over the last 5-days), a global provider of 5G wireless solutions, Internet of Things (IoT) solutions, and innovative clean energy, recently provided the following updates on the Company.



Shares of InMed Pharmaceuticals Inc. (INM), a leader in the research, development and manufacturing of rare cannabinoids, closed at $1.25, +6.84% over the last 5-days.

  • On March 28, InMed announced it has concluded enrollment of its Phase 2 clinical trial using investigational drug INM-755 cannabinol (“CBN”) cream for the treatment of patients with epidermolysis bullosa (“EB”), a rare genetic skin disease. The Phase 2 study, called INM-755-201-EB, enrolled 19 patients. All four subtypes of inherited EB, including EB Simplex, Dystrophic EB, Junctional EB, and Kindler Syndrome were accepted into the trial. The clinical trial is evaluating the safety of INM-755 cannabinol cream and its preliminary efficacy in treating symptoms of itch, pain, and wound healing in patients with epidermolysis bullosa. The study used a within-patient, double-blind design whereby matched index areas are randomized to INM-755 (cannabinol) cream or vehicle cream as a control. Results from this Phase 2 study of INM-755 CBN cream are expected to be released early calendar Q3 2023. “Enrollment completion of this Phase 2 clinical trial of a cannabinol formulation represents an important milestone for InMed and the scientific community studying rare cannabinoids,” said Eric A. Adams, InMed’s President and CEO. “As a class of compounds, we believe cannabinoids hold tremendous therapeutic potential for their innate interaction with the body, however, to date there have been limited evidence-based studies investigating their effects. Taking a rare cannabinoid formulation through several Ph 1 and Ph 2 clinical trials has been a major undertaking. We look forward to the data read-out in the summer, so we can evaluate our strategic options and next steps.”


Shares of Atossa Therapeutics, Inc. (Nasdaq: ATOS), a clinical-stage biopharmaceutical company seeking to discover and develop innovative medicines in areas of significant unmet medical need in oncology, with a current focus on breast cancer and radiation-induced lung injury, closed at $.735, up 2.08% over the last 5-days and is up 38.68% YTD.

 


    • On April 13, Chinook announced the appointment of Robert W. Azelby to its Board of Directors. Mr. Azelby brings more than 20 years of executive leadership and commercial experience in the biopharmaceutical industry to Chinook. “We are thrilled to welcome Bob to Chinook’s board of directors as we advance our pipeline through key milestones in 2023 and beyond,” said Eric Dobmeier, president and chief executive officer of Chinook Therapeutics. “Bob brings significant industry experience in building and growing companies and commercially launching new therapies, including in nephrology. His strategic counsel will be invaluable as we continue to advance treatments for patients with rare, severe chronic kidney diseases.” Mr. Azelby has more than two decades of experience leading biotech companies through key periods of development. Most recently, he served as president and chief executive officer of Eliem Therapeutics, a biotechnology company focused on developing novel therapies for neurology disorders, where he led the company through early growth with a $190 million in financing and a successful IPO. Previously, he served as the president and chief executive officer and a member of the board of directors of Alder BioPharmaceuticals, Inc. where he negotiated the successful sale of the company to Lundbeck. Prior to that, Mr. Azelby served as executive vice president and chief commercial officer of Juno Therapeutics through its acquisition by Celgene, and spent 15 years at Amgen in commercial roles across their nephrology and oncology business units. Mr. Azelby currently serves on the board of Clovis Oncology. He holds an M.B.A. from Harvard Business School and a B.A. in Economics and Religious Studies from the University of Virginia.

    • On March 23, Chinook announced presentations at the ISN World Congress of Nephrology 2023 from March 30 – April 2, 2023 in Bangkok, Thailand.



Cytovia Therapeutics aims to accelerate patient access to transformational cell therapies and immunotherapies, addressing several of the most challenging unmet medical needs in cancer. Cytovia focuses on harnessing the innate immune system by developing complementary and disruptive iPSC-derived Natural Killer (iNK) cell and Flex-NK™ bispecific antibody platforms. The company is developing three types of iNK cells: unedited iNK cells, TALEN® gene-edited iNK cells with improved function and persistence, and TALEN® gene-edited iNK cells with chimeric antigen receptors (CAR-iNKs) to improve tumor-specific targeting. The second complementary cornerstone technology is a quadrivalent multifunctional antibody platform designed to engage natural killer cells by targeting NKp46 using Cytovia’s proprietary Flex-NK™ technology. These two technology platforms are being used to develop treatment for patients with solid tumors such as HCC and glioblastoma as well as hematological malignancies such as refractory multiple myeloma. Headquartered in Aventura, FL., Cytovia has research and development laboratories in Natick, MA. The company’s own R&D work is augmented through scientific partnerships with Cellectis, CytoImmune, the Hebrew University of Jerusalem, INSERM, the New York Stem Cell Foundation, the National Cancer Institute, and the University of California San Francisco (UCSF). Cytovia has a partnership with CytoLynx Therapeutics focused on research and development, manufacturing, and commercialization activities in Greater China.

On Dec. 9, 2022, Cytovia announced new preclinical data for its CD38-targeted Flex-NK™ bispecific antibody at the American Society of Hematology’s 64th Annual Meeting (ASH 2022) taking place in New Orleans, LA, and virtually December 10-13th, 2022. “We’re delighted to see further progress on our CD38-targeted Flex-NK™ bispecific antibody program, with a pre-clinical package that supports clinical evaluation in 2023,” commented Cytovia CEO Dr. Daniel Teper. “The data presented at ASH suggests that CYT-338, our CD38-targeted Flex-NK™ Bispecific Antibody, has a differentiated profile compared to daratumumab, the leading CD38-targeted monoclonal antibody and that CYT-338 may have the ability to overcome NK cell exhaustion and dysfunction.”  Cytovia believes that by redirecting and activating NK cells to kill myeloma cells, bispecific antibodies have the potential to offer new options for patients not responding to first lines of treatment.”


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 this year!

Investing & Inspiration

  1. “Innovation distinguishes between a leader and a follower.” – Steve Jobs
  2. “All the art of living lies in a fine mingling of letting go and holding on.” – Havelock Ellis
  3. “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
  4. “O, wind, if winter comes, can spring be far behind?” – Percy Bysshe Shelley
  5. “Patience is a virtue, and I’m learning patience. It’s a tough lesson.” – Elon Musk
  6. “Be true to your work, your word, and your friend.” – John Boyle O’Reilly
  7. “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
  8. “Surprise is the greatest gift which life can grant us.” – Boris Pasternak
  9. “Logic will get you from A to B. Imagination will take you everywhere.” – Albert Einstein
  10. “It is the fight alone that pleases us, not the victory.” – Blaise Pascal
  11. “Do exactly what you would do if you felt most secure.” – Meister Eckhart
  12. “Life lived for tomorrow will always be just a day away from being realized.” – Leo Buscaglia
  13. “Wisdom is oftentimes nearer when we stoop than when we soar.” – Wordsworth
  14. “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
  15. “A single twig breaks, but the bundle of twigs is strong.” – Tecumseh
  16. “If one does not know to which port one is sailing, no wind is favorable.” – Lucius Annaeus Seneca
  17. “There is little that can withstand a man who can conquer himself.” – Louis XIV
  18. “The limits of the possible can only be defined by going beyond them into the impossible.” – Arthur C. Clarke
  19. “Be faithful in small things because it is in them that your strength lies.” – Mother Teresa
  20. “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
  21. “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
  22. “No man was ever wise by chance.” – Lucius Annaeus Seneca
  23. “Progress is man’s ability to complicate simplicity.” – Thor Heyerdahl
  24. “It is not in the stars to hold our destiny but in ourselves.” – William Shakespeare
  25. “It does not matter how slowly you go as long as you do not stop.” – Confucius

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

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

  28. “The reward for work well done is the opportunity to do more.” – Jonas Salk
  29. “Man is a creative retrospection of nature upon itself.” – Karl Wilhelm Friedrich Schlegel
  30. “There’s something about taking a plow and breaking new ground. It gives you energy.” – Ken Kesey
  31. “Success seems to be largely a matter of hanging on after others have let go.” – William Feather

  32. “The essential conditions of everything you do must be choice, love, passion.” – Nadia Boulanger
  33. “More business is lost every year through neglect than through any other cause.” – Rose Kennedy

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

  35. “A person who won’t read has no advantage over one who can’t read.” – Mark Twain
  36. “The best way out is always through.” – Robert Frost

  37. “Start by doing what’s necessary; then do what’s possible; and suddenly you are doing the impossible.” – Francis of Assisi
  38. “Without labor nothing prospers.” – Sophocles

  39. “Intellectuals solve problems, geniuses prevent them.” – Albert Einstein
  40. “This is the precept by which I have lived: Prepare for the worst; expect the best; and take what comes.” – Hannah Arendt

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

  42. “He who is brave is free.” – Lucius Annaeus Seneca
  43. “When something is important enough, you do it even if the odds are not in your favor.” – Elon Musk

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

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

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

  47. “Plans to protect air and water, wilderness and wildlife are in fact plans to protect man.” – Stewart Udall
  48. “In order to carry a positive action we must develop here a positive vision.” – Dalai Lama

  49. “A hero is someone who understands the responsibility that comes with his freedom.” – Bob Dylan
  50. “Inflation destroys savings, impedes planning, and discourages investment. That means less productivity and a lower standard of living.” – Kevin Brady
  51. “If we give something positive to others, it will return to us. If we give negative, that negativity will be returned.” – Allu Arjun
  52. “A good plan violently executed now is better than a perfect plan executed next week.” ~ George S. Patton
  53. “You must do the things you think you cannot do.”- Eleanor Roosevelt
  54. “Success is dependent on effort.” – Sophocles
  55. “Nobody who ever gave his best regretted it.” – George Halas
  56. “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
  57. “And when I breathed, my breath was lightning.” – Black Elk
  58. “Moderation is the silken string running through the pearl chain of all virtues.” – Joseph Hall
  59. “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
  60. “If you want a guarantee, buy a toaster.” – Clint Eastwood
  61. “We are an impossibility in an impossible universe.” – Ray Bradbury
  62. “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
  63. “I’d rather attempt to do something great and fail than to attempt to do nothing and succeed.” – Robert H. Schuller
  64. Do your little bit of good where you are; it’s those little bits of good put together that overwhelm the world.” Desmond Tutu
  65. “It takes considerable knowledge just to realize the extent of your own ignorance.” – Thomas Sowell
  66. “Do not dwell in the past, do not dream of the future, concentrate the mind on the present moment.” – Buddha”
  67. Surprise is the greatest gift which life can grant us.” –  Boris Pasternak
  68. “Trust in dreams, for in them is hidden the gate to eternity.” – Khalil Gibran 
  69. “Always be yourself, express yourself, have faith in yourself, do not go out and look for a successful personality and duplicate it.” – Bruce Lee
  70. “All life is an experiment. The more experiments you make the better.” – Ralph Waldo Emerson
  71. “There are no secrets to success. It is the result of preparation, hard work, and learning from failure.” –  Colin Powell
  72. “There is more to life than increasing its speed.” – Mahatma Gandhi
  73. “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
  74. “Definiteness of purpose is the starting point of all achievement.” – W. Clement Stone
  75. “Success usually comes to those who are too busy to be looking for it.” – Henry David Thoreau
  76. “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
  77. “Life is too short for long-term grudges.” – Elon Musk
  78. There cannot be a crisis next week. My schedule is already full.” – Henry Kissinger
  79. “Success consists of getting up just one more time than you fall.” – Oliver Goldsmith
  80. “The Earth is the cradle of humanity, but mankind cannot stay in the cradle forever.” – Konstantin Tsiolkovsky
  81. “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
  82. “Beauty surrounds us, but usually we need to be walking in a garden to know it.” – Rumi
  83. “But man is not made for defeat. A man can be destroyed but not defeated.” – Ernest Hemingway
  84. “Don’t watch the clock; do what it does. Keep going.” – Sam Levenson
  85. “Let there be work, bread, water and salt for all.” – Nelson Mandela
  86. “The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future.” – John Maynard Keynes
  87. “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
  88. “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
  89. “It is the fight alone that pleases us, not the victory.” – Blaise Pascal
  90. “If you can’t describe what you are doing as a process, you don’t know what you’re doing.” – W. Edwards Deming
  91. “Never interrupt your enemy when he is making a mistake.” – Napoleon Bonaparte
  92. “Be sure you put your feet in the right place, then stand firm.” – Abraham Lincoln
  93. “Without investment there will not be growth, and without growth there will not be employment.” – Muhtar Kent
  94. “You have to do your own growing no matter how tall your grandfather was.” – Abraham Lincoln
  95. “Victory has a thousand fathers, but defeat is an orphan.” – John F. Kennedy
  96. “Delete the negative; accentuate the positive!” – Donna Karan
  97. “It’s crazy how fast time flies and how things progress.” – Nathan Chen
  98. “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
  99. “Life isn’t about finding yourself. Life is about creating yourself.” – George Bernard Shaw
  100. “Everything has beauty, but not everyone sees it.” – Confucius
  101. 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
  102. “Walking with a friend in the dark is better than walking alone in the light.” – Helen Keller
  103. “A man who dares to waste one hour of time has not discovered the value of life.” – Charles Darwin
  104. “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
  105. “Progress is man’s ability to complicate simplicity.” – Thor Heyerdahl
  106. “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
  107. “Nothing is impossible, the word itself says ‘I’m possible’!” – Audrey Hepburn
  108. “But investment in space stimulates society, it stimulates it economically, it stimulates it intellectually, and it gives us all passion.” – Bill Nye
  109. “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
  110. “Life is a tragedy when seen in close-up, but a comedy in long-shot.” – Charlie Chaplin
  111. “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
  112. “Infrastructure investment in science is an investment in jobs, in health, in economic growth and environmental solutions.” – Oren Etzioni
  113. “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
  114. “Know thy self, know thy enemy. A thousand battles, a thousand victories.” – Sun Tzu
  115. “If one does not know to which port one is sailing, no wind is favorable.” – Lucius Annaeus Seneca
  116. “Beware of missing chances; otherwise it may be altogether too late some day.” – Franz Liszt
  117. “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
  118. “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
  119. “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
  120. “There is little that can withstand a man who can conquer himself.” – Louis XIV
  121. “In tennis, you strike a ball just after the rebound for the fastest return. It’s the same with investment.” – Masayoshi Son
  122. “A camel makes an elephant feel like a jet plane.” – Jackie Kennedy
  123. “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
  124. “Success depends upon previous preparation, and without such preparation there is sure to be failure.” – Confucius, Chinese 
  125. “Coming together is a beginning; keeping together is progress; working together is success.” – Edward Everett Hale
  126. “Never do anything against conscience even if the state demands it.”– Albert Einstein
  127. “Education is not only a ladder of opportunity, but it is also an investment in our future.” – Ed Markey
  128. “The true measure of a man is how he treats someone who can do him absolutely no good.” – Samuel Johnson
  129. “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
  130. “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
  131. “The best preparation for tomorrow is doing your best today.” – H. Jackson Brown, Jr.
  132. “Friendship marks a life even more deeply than love. Love risks degenerating into obsession, friendship is never anything but sharing.” – Elie Wiesel
  133. “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
  134. “Success isn’t measured by money or power or social rank. Success is measured by your discipline and inner peace.” – Mike Ditka
  135. “No matter how many goals you have achieved, you must set your sights on a higher one.” – Jessica Savitch 
  136. “Start where you are. Use what you have. Do what you can.”– Arthur Ashe
  137. “The secret of getting ahead is getting started.” – Mark Twain
  138. “The amount of work and the amount of both physical and emotional investment it takes to get to the top.” – Drew Bledsoe

Videos