Quotation of the Day

[mimo_100]

Does this matter to anyone here? It's not going to change my trading. What does THE HUGE ONE think?

My investment objective has changed over the years. There are monies put into a trust annually. There are monies that used to be invested in higher risk stocks that are now in a more traditional income vehicle, and there are those that I take risk with.

The research paper seems to ignore the fact that people get older and die. It is more like an endowment mentality. I would rather see a report that told how to identify the best-performing four percent of listed stocks so I could invest in them.

[billyjoe]

Benjamin Graham, author of The Intelligent Investor, and mentor to Warren Buffett made over half of his fortune from one stock, GEICO. He once called it dumb luck, a decision based on decades of studying the market.

------------billy

[riverbabe]

“At first it’s cool, and then you realize, I’m filling some drugs that are for some pretty serious health problems as well. And these are the people that are running the country.” [DC pharmacist Mike Kim on the health issues of Congress to STAT / Erin Mershon]

[riverbabe]

Bread and beer have many of the same ingredients, so one British brewery is cutting down on food waste by turning discarded loaves into delicious brews.

[Bloomberg / Matthew Kronsberg]

https://www.bloomberg.com/news/articles/2017-10-10/toast-ale-a-uk-beer-that-turns-surplus-bread-into-heady-brews?cmpid=socialflow-twitter-businessweek&utm_content=businessweek&utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social

[riverbabe]

Tweet of the Day

Papa John lost a lot of dough today, $70 million to be exact

Noah Kirsch Forbes Reporter

@Noah_Kirsch on Twitter

[enhancebeginner]

"A goal without a plan is just a wish." by Antoine de Saint-Exupéry . I believe this is applicable when it comes to our finance.

[Louetta]

"I don't need sex because the government f..ks me every day."

Seen on a protester's sign.

[Louetta]

"We put a man on the moon before we put wheels on a suitcase."

Exec at Davos.

[mimo_100]

"A good speech should be like a woman's skirt - long enough to cover the subject and short enough to create interest."

Winston Churchill

[riverbabe]

Quote of the day

“There are a lot of entrepreneurs [in Silicon Valley] developing the next app for clothes shopping who say, not ironically, that ‘We are changing the world.’ You’re not changing the world.”

— J.D. Vance, venture investor and memoirist, in a lunch interview with the F.T.

[riverbabe]

"If you claim the rise, you own the fall."

Jay Carney, an Obama administration press secretary, explaining on Twitter the risks for presidents such as Donald J. Trump who tie their political fortunes to the financial markets. The Dow and the S.&P. 500 fell sharply on Monday.

[riverbabe]

“Crazy things can come true.”

— Elon Musk, after SpaceX successfully launched its Falcon Heavy rocket (carrying a cherry red Tesla roadster) from Cape Canaveral, Fla. yesterday. David Bowie’s “Life on Mars” played at the end of the webcast. P.S. I actually owned SpaceX stock in the early 90's when it was first developed to mine asteroids! Then Mr Musk bought it and took it private. LOL!

[Louetta]

[They are] “not half as beautiful as they are painted.”

Christopher Columbus, reporting on seeing three mermaids while sailing near the Dominican Republic on this day in 1493.

[riverbabe]

“There is a credibility gap between what they say and the reality of what is to come.”

— The Deutsche Bank analyst John Inch on how G.E. executives — including Jeff Immelt — masked problems at the conglomerate with rosy projections and questionable accounting.

[Louetta]

"What does it mean when you tune in Celebrity Wife-swapping and do not know the celebrities?"

Me.