"All life is an experiment. The more experiments you make the better."

"when the cops raid the brothel, even the piano player gets arrested"

"The market is the sum total of the wisdom and the ignorance of all of those who deal in it and we dare not argue with the market’s wisdom. If we learn nothing more than this we’ve learned indeed."

 

"Velocity begets more velocity."

During the bear markets of 2000-2003 and 2007-2008 the Fed was lowering rates. Now in this 2022 bear market the Fed is raising rates and that's the major difference that has the potential to create all sorts of unintended and unexpected consequences.

Historically speaking..........

"The weakest time of the year for the S&P 500 has been from September 6 to October 25."