"Investment bubbles and high animal spirits do not materialize out of thin air. They need extremely favorable economic fundamentals together with free and easy, cheap credit, and they need it for at least two or three years. Importantly, they also need serial pleasant surprises in such critical variables as global GNP growth."

-- Jeremy Grantham

#Animal Quotes #Air Quotes #Years Quotes

“The problem with the bronco is to get on and stay on. This is the problem with the Golden Rule-to understand and apply”
“Watercolors is the first and the last thing an artist does.”
“A man who limits his interests limits his life.”

Source : Price, Vincent, Price, Mary (2015). “A Treasury of Great Recipes, 50th Anniversary Edition: Famous Specialties of the World's Foremost Restaurants Adapted for the American Kitchen”, p.7, Courier Dover Publications
“A little boy was asked how he learned to skate. 'By getting up every time I fell down,' he answered.”
“At least is was a victory and at least we won”
“My earliest musical memory was getting to watch my dad play drums in a local band. He's a banker by trade, but a drummer at heart. I remember seeing the guitar player do the solo from "Werewolves of London" with his teeth, and that was the moment that had me hooked.”
“The true gospelstands before the throne of God declaring, 'Jesus did it all.'”
“Your job, with all that mental training and suffering, is just to push your line of breaking so far your opponent can't find it.”

You may also like:

Bill Gross
Financial manager
Bruce Berkowitz
James Chanos
Manager
Jim Rogers
Investor
Marc Faber
Investor
Ray Dalio
Businessman
Robert J. Shiller
Economist
Seth Klarman
Author
Stanley Druckenmiller