1979 Quote by Michael Lewis

“Had Volcker never pushed through his radical change in policy, the world would be many bond traders and one memoir the poorer.”

— Michael Lewis

“As a matter of fact, what investment can we find which offers real fixity or certainty of income? ... As every reader of this…

— Irving Fisher

Bond investors are the vampires of the investment world. They love decay, recession - anything that leads to low inflation and the protection of…

— Bill Gross

The most striking thing about Graham's discussion of how to allocate your assets between stocks and bonds is that he never mentions the word…

— Benjamin Graham

To some extent, stocks are like Rembrandts. They sell based on what they've sold in the past. Bonds are much more rational. No-one thinks…

— Charlie Munger

“As we explore later in this chapter, virtually no asset, except for long-term U.S. Treasury bonds, served as an effective hedge against the sudden…

— Jeremy J. Siegel

“Savings, remember, is the prerequisite of investment.”

— Campbell McConnell

“We've been sold a dream of savings and investing that had no basis in any history or reality. We were participants in a vast…

— Helaine Olen

“Did anyone of those bullish investors ever think what would happen to the Treasury market if the Fed ever became a net seller of…

— Ziad K. Abdelnour

It's quite clear that stocks are cheaper than bonds. I can't imagine anybody having bonds in their portfolio when they can own equities, a…

— Warren Buffett

The Great Inflation of the 1970s destroyed faith in paper assets, because if you held a bond, suddenly the bond was worth much less…

— Ron Chernow

Many novice real estate investors soon quit the profession and invest in a well-diversified portfolio of bonds. That's because, when you invest in real…

— Robert Kiyosaki