David Beard
David Beard
David Beardis an Australian volleyball player, who twice competed for the Men's National Team at the Summer Olympics: Sydney 2000 and Athens 2004...
bear bottom rallying tend
Typically in bear markets, you have rallies. However, I tend to think we have put in a bottom and will keep rallying from here.
actual buy cheap combine guidance high numbers ok quarter stocks tech tend weak
You have to take the actual numbers and the guidance and combine the two. I tend to think if the high p/e (price-to-earnings ratio) stocks have a weak quarter, and even if they have ok guidance, they're going to get killed. But if there are cheap tech stocks that have a weak quarter and so-so guidance, they're probably the ones to buy first.
difficult hands
Even for a professional, it's difficult to get your hands around the information. It's difficult for everyone.
buyers conviction depend economic eight expect fed growth interest lack last light maybe months outlook people picks question raising sell selling seven six somewhat start stocks stops tells terms three until volume
Really, I expect the light volume to probably last until the Fed stops raising interest rates, and that will kind of depend on the economic outlook that we see, in terms of how much growth we have at the end of this interest-rate cycle. It really tells me that there is a lack of conviction from the buyers and a lack of conviction from the sellers, ... And it's somewhat psychological because people have their stocks, they're down, they don't want to sell them. And that's only been going on for, what, two or three months now? The real question is, after six or seven or eight months and stocks are still down -- will people start selling at that point? And maybe the volume picks up at that point.
backward data earnings economic forward people
Earnings warnings are backward looking; economic data are forward looking. People want to look forward.
early high looking people price pricing sales stock trade
We think pricing is going to be up in mid-single digits as early as June. People are not really looking at this at all. And historically, if you look at a price to sales multiple, this stock can trade as high as $40-to-$50 (per share),
compete country games olympic opportunity represent
To compete in the Olympic Games has always been a dream. The opportunity I have to represent my country at them is unbelievably exciting.
businesses grow living longer negative people
On the other hand, people are living longer now. That is kind of the negative side. If people are living longer, these businesses won't grow all that fast.
california earn edison largest next share worth
We own Edison International -- it is our largest position. It's a California utility. It could earn $2 a share next year, ... And it's probably worth between $22 and $24 (per share). They have an unregulated subsidiary, which could be worth another $2 to $4 (per share).
couple favorite hospital percent performing pricing worth
We own a hospital stock. We own a couple of them, but our favorite is UHS. They're performing well. Admissions are up. Pricing is up and that stock's probably worth 30 percent higher,
bet confidence consumer pull
It's two-thirds of our economy, and we're making the bet that the consumer confidence is going to pull back,
best biggest finally forget happens last worst
The biggest of the big are finally capitulating. Usually that's what happens -- the biggest of the best are the last to go down. But don't forget the worst of the worst are down 90 percent.
best biggest finally forget happens last worst
The biggest of the big are finally capitulating, ... Usually that's what happens -- the biggest of the best are the last to go down. But don't forget the worst of the worst are down 90 percent.
difficult
It's been a long fight, and it's been really difficult to find another location.