Quotes - Don Coxe

Don Coxe is always entertaining, and his December note proved no exception. It offered these gems:

The cash the Fed created to save [the banks] from the consequences of their own folly sits as T-bills or fed funds on their balance sheets, providing little more stimulus to the real economy than sending out daily re-broadcasts of Jimmy Carter speeches on economic malaise."

There are three considerations in global equity investing: the first is currency, the second is currency, the third is, what makes this an attractive company?"

Some years ago, Washington's National Press Club ran a contest for a newspaper headline that would attract the least readership. The hands-down winner: "Interesting new policy proposals from Canada."

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