11 Quotes by Rich Bernstein

We still question how the SEC can allow such non-GAAP reporting practices to continue given that the entire purpose of GAAP reporting is to increase corporate transparency.

Now the overwhelming fear among portfolio managers is being left behind.

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.

It gives a chance for kids to see more aspects of literacy if we do it in a week.

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

Our indicators are not even close to suggesting such lofty returns.

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

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

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.