Hugh Johnson
Hugh Johnson
Hugh Johnson OBEis a British author and expert on wine. He is considered the world's best-selling wine writer. His 1961 tasting of a bottle of 1540 Steinwein from the German vineyard Würzburger Stein is considered to potentially be one of the oldest wines to have ever been tasted...
ProfessionNon-Fiction Author
Date of Birth10 March 1939
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It will eventually slow the growth rate of earnings. Therefore you should own companies with low price-earnings ratios, not high price-earnings ratios.
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It will eventually slow the growth rate of earnings,
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They come to me because they want special treatment, ... There is nothing that irritates substantial investors more than paying taxes.
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When all of the markets around the globe simultaneously go down, that's the message. That's what you have to worry about.
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To some extent everybody is a little exhausted. In the absence of big news we'll see a quieter day. It feels like we were hit by a tidal wave over the past three or four days and today is like the aftermath, picking up the pieces.
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The reason for the (technology) decline is the combination of the Cisco earnings and the comments from CEO John Chambers. He basically said what Intel said recently: that customers are getting very cautious and that spending on technology is slowing.
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The recent rise in interest rates has created some uncertainty about the bull market's longevity.
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(This) week is time for two steps forward,
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(This) week is going to give us a lot of important information about the start of the third quarter,
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What's driving the market is speculation. You put together actual year earnings, you also calculate price-to-earnings multiples right now and what investors are paying for is really out of whack. It's too high.
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What Oracle did is it demoralized the rest of the technology sector.
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Everything is connected but it is anyone's guess how long the phenomena will continue.
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We'll have some bewildering rises and some bewildering, if not shocking, declines.
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Even though it's a bad time, it's a good time - if you have a taxable account, you clearly want to harvest some of the gains, and offset it with some sales of losses,