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Ron Paul

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I mean this is all seriousness, Ron Paul [is my pro-stock market candidate].
--
Donald Luskin, May 3, 2007

 
Ron Paul

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Paul is not an anti-capitalist... Paul opposes the separation of Church and State... Ron Paul loathes black people... he is a hate-spewing presidential candidate aligned with some of the most blatant, odious racists on the planet... In Paul's fuzzy logic, all immigrants are here to suck the country dry of its welfare, education and emergency healthcare systems. If it was up to Paul, those systems would be voided for not only undocumented, but for documented immigrants as well... he is a candidate that hates immigrants.

 
Ron Paul
 

One of the first things they teach stockbrokers is to stay out of the stock market. Brokers make their pile from selling advice, and from commissions on stock transactions. They can't predict the market, and few risk their own money. They, at least, only affect their clients' fortunes. Economists, though, can ruin the lot of us with their advice — yet if no science can predict a relatively closed system like the stock market, how the devil are you going to 'fine tune' something a large as the American economy? I'd think it arrogant to try; as arrogant as the man with three illiterate drug-addicted spoiled brats writing a book on parenting.

 
Jerry Pournelle
 

Treatment of the apparently whimsical fluctuations of the stock quotations as truly non stationary processes requires a model of such complexity that its practical value is likely to be limited. An additional complication, not encompassed by most stock market models, arises from the manifestation of the market as a nonzero sum game.

 
Richard Arnold Epstein
 

When the weather changes and hurricanes hit, nobody believes that the laws of physics have changed. Similarly, I don't believe that when the stock market goes into terrible gyrations its rules have changed. It's the same stock market with the same mechanisms and the same people.

 
Benoit Mandelbrot
 

The most important thing I have done is to combine something esoteric with a practical issue that affects many people. In this spirit, the stock market is one of the most attractive things imaginable. Stock-market data is abundant so I can check everything. Financial markets are very influential and I want to be part of this field now that it is maturing.

 
Benoit Mandelbrot
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