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Stupid Quotes

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Stupid Quotes

“If I owned any of these Hot New Issues that have doubled, tripled, quintupled or umptupled within days and in some cases hours after they were issued, I most certainly would grab my fabulous windfall, thank my lucky stars and invest the money. It's utter nonsense to think any newly issued stock is really worth two, ten or 20 times the [offering] price.... A management so stupid as to sell shares [cheap], and an underwriter so obtuse as not to discern the real value, together would provide reason enough for a sensible man to get rid of his shares.”

“People were paid lots of money to make stupid decisions, people in big banks, and when people are paid to be stupid they'll be stupid. The question was, did they know they were being stupid or were they just stupid? I think you need to take it on a case by case basis. There was some sinister activity, but I think by and by it was people being incentivised to do the wrong thing.”

“No one can believe I might have a brain. Because I'm really tall, I'm really blonde, I have big muscles, and kill people for a living. There you go. If anybody's going to be assumed to be stupid, it's me. I don't know what my IQ score is, but I did study for five years at college. And I'm proud of my chemical engineering degree. I haven't done anything with it, but it's a card up your sleeve for later in life. It's nice to have, just in case.”