Rich Bernstein Quotes (5 Quotes)

There's nothing wrong with what the Fed is doing. The problem is that when you ease like that in a speculative environment, all that capital gets misallocated.

People are paying Bentley prices for Volkswagens and Volkswagen prices for Bentleys. As in the bubble, people ignore the fundamentals.

Bull markets don't start and end in a two-week period, which seems to be everyone's expectation these days. They are much slower and more gradual, and there is plenty of time to join in the fun.

We find very little improvement. There really hasn't been much balance sheet repair at all.

The opposite of I love you is not I hate you. It's I don't care.