Quotations

«We're watching the daily statistics in terms of retail confidence and housing,»

«This is a market of disparate opinions and therefore increasing opportunities for those who get it right. We hope to be one.»

«The major difference between us and Excite, for example, is that they work at only 12 participating merchants, who are paying Excite a transaction fee for every purchase, ... We are not holding the customer's data. It's on your PC; eWallet just passes it through to a site without us ever even seeing it.»

«Sites don't like that; and big, and important sites won't participate because that siphons off their brand identity,»

«This works because merchants have a high cost of customer acquisition, and we lower it, ... We bring them customers with their wallets open.»

«In this kind of an environment, that's a slam dunk.»

«[Emerging-market bond funds did well this quarter, up 3.6% on average, for the same reason as emerging-market stocks. As commodity prices rose, money from the developed world flooded such commodity-rich countries as Russia and Brazil, strengthening their fiscal balance sheets and the credit quality of their bonds. Consequently, investors became less fearful of owning them.] Many so-called emerging markets have long since emerged, ... Russia now has an investment-grade credit rating and with oil where it is right now, probably more money in the bank than the U.S.»

«When you have kidney stones, you don't give much of a damn about the view,»

«Too much debt, geopolitical risk and several bubbles have created a very unstable environment which can turn any minute, ... More than any point in the past 20 or 30 years, there's potential for a reversal.»

«a very unstable environment which can turn any minute.»