Martin Zweig Quotes
Generally, a rising trend in rates is bearish for stocks; a falling trend is bullish.
Zweig, Martin E. Martin Zweig's Winning on Wall Street. Warner Books, 1986, p. 43.
He distressed most of the other stock brokers on Wall Street by pointing out that if brokers were so smart, why would they not want to buy the stock for themselves rather than sell it to you. Therefore, he generally concluded that the best stocks are bought by the brokers and bankers for their own accounts, and the lesser quality shares are sold to the public.
Martin Edward Zweig was an American stock investor, investment adviser, and financial analyst. According to Forbes magazine, he was renowned for his "eccentric and lavish lifestyle" as well as having had the most expensive residence in the United States at the time, atop The Pierre on Fifth avenue in Manhattan. It was listed on the New York City real estate market in 2004 for $70 million and in March 2013 for $125 million. His particular investing methodology was based on selecting growth stocks that also have certain value characteristics, through a system that uses both fundamental analysis and market timing. He died in 2013 at the age of 70.