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Letter "D" » Dick McCabe Quotes
«I think today's erratic stock market performance probably reflects a little phase of profit taking, which has set in following the extremely sharp advance we've had in this past few weeks. Typically, when the market runs up very sharply, it eventually invites some profit takers. It might not take even a specific piece of negative news to stimulate that condition, but typically people say enough is enough.»
«With the quick access we have to information, the temptation is to overemphasize one number, every jiggle.»
«A lot of people think wars lead to pessimism and gloom and doom. But the stock market has usually rallied.»