17 Quotes by James Padinha

I feel strongly that a ham sandwich with a scepter would be a fine Fed chairman. In fact, I think a ham sandwich with a scepter might do a better job because it wouldn't be politically motivated.

People are becoming more accepting of a slow, gradual recovery, whereas last year, they had great growth numbers in mind, and when that didn't pan out, markets got hit hard. As long as data don't indicate a new round of fundamental economic deterioration, we're still on the same growth track.

People aren't arguing about the third quarter, they're arguing about what is going to happen now.

What we tell clients all the time is that, when it comes to consumer names and goods, we always prefer plays that exhibit two factors: strong consumer demand and pricing power.

We've been seeing double-digit declines in confidence for more than a year, yet people don't mind buying a new car or a truck or trading up for a new house or taking out a second mortgage -- you would think these people have guns to their heads. We feel so lousy, but it sure doesn't seem like we're behaving that way.

Up your forecasts right now. Because we're going to have tax cuts and all kinds of stuff. They're going to be pumping pumping pumping.

As growth stays sluggish and prices rise, companies are more hard-pressed to keep profits from declining. So they say, 'Sorry, we have to charge more'. They can't get away with that on discretionary stuff because people will hold off, but people will be stuck paying higher prices for need-type goods and services. It becomes a circular thing.

There's a risk to someone assuming this hero-type status because then there's the temptation you're going to lean toward believing him no matter what says -- and that's potentially dangerous.

It seems to me that markets aren't going to be too happy if its just a replacement thing.