Dave Collum’s Annual Review
JP Morgan’s top quant warns next crisis to have flash crashes and social unrest not seen in 50 years—headline CNBC
“Stocks could surge 19% this year because investors are the right kind of cautious.”
~Bank of America Merrill Lynch
“When reward is at its pinnacle, risk is near at hand.”
~John Bogle, Vanguard and creator of index funds
“We are in the throes of a burgeoning financial bubble. If I had a choice between holding a U.S. Treasury bond or a hot burning coal in my hand, I would choose the coal.”
~Paul Tudor Jones, founder of Tudor Investment Management
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