A Quote by David Stockman

If the stock market does go through a crisis of confidence, which I think clearly will happen one of these days, no one can predict just like you couldn't the dot com crash or the Lehman crash, but when it goes down it will go down by thousands of points because everyone will panic. No one owns this market today because they believe there's a huge sunny future for the United States economy. They're buying because they think the Fed can keep the thing pumped up, the bubble expanding.

David Stockman

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Because Believe Bubble Buying Clearly Confidence Crash Crisis Days Does Dot Down Economy Everyone Expanding Fed Future Go Goes Happen Huge Just Keep Like Like You Market Owns Panic Points Predict Pumped States Stock Stock Market Sunny These Days Thing Think Thousands Through Today United United States United States Economy Up Which Will

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David Stockman
Born: November 10, 1946

Successful investors like stocks better when they’re going down. When you go to a department store or a supermarket, you like to buy merchandise on sale, but it doesn’t work that way in the stock market. In the stock market, people panic when stocks are going down, so they like them less when they should like them more. When prices go down, you shouldn’t panic, but it’s hard to control your emotions when you’re overextended, when you see your net worth drop in half and you worry that you won’t have enough money to pay for your kids’ college.

Seth Klarman

I think the stock market is a very dangerous place to be at the present time. In fact, the stock market today is almost identical to where it was in October 2007 and then there was a $7 trillion crash and before that in March 2000.

David Stockman

The mistakes we make as investors is when the market's going up, we think it's going to go up forever. When the market goes down, we think it's going to go down forever. Neither of those things actually happen. Doesn't do anything forever. It's by the moment.

John C. Bogle

Greece bankruptcy will trigger a market crash. My advice: Buy Bitcoin & Gold Both will rise when the markets crash.

Kim Dotcom

I think that people don't realize that the sky will not fall when we legalize marijuana. My contention all along has been use will not go up when it's legalized. We'll just take the crime out of it. It's already a huge black market economy.

Rick Steves

The Fed's buying is far more important to the market price of U.S. debt than any other economic variable. If the Fed stops buying, it doesn't matter whether unemployment goes up or down. It doesn't matter whether inflation is higher or lower. Its influence on the market is dominant.

Porter Stansberry

There are no bad days in the market. When the market is down, you've got bargains, and it's lovely to think of what you are buying at low prices. When the market is up, the bargains have gone, but you're rich.

Bruce Greenwald

You never think it will happen to you. You think about what it would be like. You go through it over and over in your mind, changing the scenario slightly each time, but deep down, you don't really believe it would ever happen, because it's something that happens to someone else, not to you.

Tonya Hurley

It is crucial to have a strategy in place before problems hit, precisely because no one can accurately predict the future direction of the stock market or economy. Value investing, the strategy of buying stocks at an appreciable discount from the value of the underlying businesses, is one strategy that provides a road map to successfully navigate not only through good times but also through turmoil.

Seth Klarman

The Fed is on hold at least through the election but I think we'll get a little more tightening at the start of next year. I think, for the time being, we have a soft landing. But I think the reality is the stock market rally will probably add a little fuel to the economy and the tightening will return next year.

William C. Dudley

The stock market really isn't a gamble, as long as you pick good companies that you think will do well, and not just because of the stock price.

Peter Lynch

If the oil price goes down, Russia will go down. You can track the Ruble, you can track the stock market, just off the price of oil.

Bill Browder

Stocks always go down much faster than they go up. That's why it's called a crash. People who put their money into the stocks will find, all of a sudden, that stock prices are no longer being supported by the debt leveraging that's been holding them up.

Michael Hudson

Whatever can be threatened, whatever can be shaken, whatever you fear cannot stand, is destined to crash. Do not go down with the ship. Let that which is destined to become the past slip away. Believe that the real you is that which beckons from the future. If it is a sadder you, it will be a wiser one. And dawn will follow the darkness sooner or later. Rebirth can never come without death.

Robert M. Price

The underlying strategy of the Fed is to tell people, "Do you want your money to lose value in the bank, or do you want to put it in the stock market?" They're trying to push money into the stock market, into hedge funds, to temporarily bid up prices. Then, all of a sudden, the Fed can raise interest rates, let the stock market prices collapse and the people will lose even more in the stock market than they would have by the negative interest rates in the bank. So it's a pro-Wall Street financial engineering gimmick.

Michael Hudson

They were the darkest of times, the years following the crash of the stock market in 1929. Thousands of people across the United States were cast out of their Jobs, off their farms, out of their homes and apartments, and into the crushing depths of poverty.

Kathi Appelt

A Quote by David Stockman

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