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Quotes of the Week

June 12, 2000

In this business, you never stop learning. Let me put it another way. If you stop learning, you're on your way to going out of business. Wall Street is a tough teacher but also a good teacher. If you have any weakness -- arrogance, laziness, stinginess, cowardice, procrastination -- the market will zero in on that weakness and make you pay dearly.
Richard Russell in The Oracle Of Dow $$ from Barron's (6/12/00)

There is no shortage of media accounts that try to answer our questions about the market today, but there is a shortage within these accounts of relevant facts or considerated interpretations of them. Many news stories in fact seem to have been written under a deadline to produce something--anything--to go along with the numbers from the market.
Robert J. Shiller in Irrational Exuberance

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