Paul McCulley quotes
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“You don't get the attention of gluttons by starving anorexics.”
-- Paul McCulley -
“Remember, benchmark performance -- beta -- can be had for virtually free; alpha is what active managers are paid to generate.”
-- Paul McCulley -
“The lion's share of the bear market is over, ... It's a two-part issue. Yes, the marketplace could be nasty. But there's a great deal of nastiness that's already happened in the bond market.”
-- Paul McCulley -
“The essence of the problem is that the war against inflation is over, ... Ever since 1979 the Fed was fighting a war against inflation, and you always knew which way you wanted the inflation rate to go over the long run -- down.”
-- Paul McCulley -
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“The bond market is debating with itself what the intent of the Fed is. I don't think the Fed has a multi-step process. They are taking it step by step.”
-- Paul McCulley -
“Rightly or wrongly, most Americans look at mortgage equity withdrawal as the closest thing to a free lunch.”
-- Paul McCulley
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“Most people would far rather be seen through than not be seen at all.”
Source : Ada Leverson (2012). “Tenterhooks”, p.219, tredition
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“History is made every day. The challenge is getting everyone to pay attention to it.”
Source : "Do We Treat History Like a Dead Language?" by Adora Svitak, www.huffingtonpost.com. July 28, 2011.
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“Toe dancing is a dandy attention getter, second only to screaming.”
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“The planet is in distress and all of the attention is on Paris Hilton.”
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“Every day I've got to hear about unemployment and people starving.”
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“There are children in Africa, starving to death, and you don't hear them whinging.”
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