Peter Doyle
Peter Doyle
dominant financial national players
(Fidelity National Financial is) one of the dominant players in the industry,
bottom hit markets months move safely testing time work
It's still going to take some time for us to work through what's been testing the markets for months before we can safely say we've hit a bottom and are set to move higher.
business economics either good period
Either a business has good economics or it doesn't. If it's not going to be good for a three-month period, it won't be good for a long period of time, and vice-versa.
company good market numbers reported risky shows
It just shows you how risky it can be, ... One company reported pretty good numbers and the market jumped very aggressively on that. I think it's going to be a case-by-case basis.
bear kinds market seeing short summer typical
We're seeing a rally, but it's a summer day and it's typical of a bear market to have these kinds of sharp, short rallies,
advertising cable commerce food garden home increase internet using
They own two very fast-growing cable stations: Home and Garden and the Food Network, and their using the Internet to increase advertising and also have some commerce from that,
excess seeing
There was a lot of speculative excess that had to be shaken out of the market. And I think that's what we're seeing here today.
internet learn people savvy straight
As more people get on the Internet and they get more savvy and learn how to use it, they'll just go straight to the brands,
business change execute five fortunes generally three time
A company's fortunes generally don't change over a month's time or so, ... We want them to be able to execute their business strategy, and we give them at least three to five years.
bring companies deliver focus goes good internet likely people service trying
The big thing about the Internet is really the distribution capabilities, and a lot of what goes on in the Internet is not about technology. It's really about having a proprietary good or service that you can deliver over the technology. And we're trying to focus on those companies that we think have something proprietary that will likely bring people back repeatedly.
card company credit few physical
A credit card company is really just a computer. There are really few physical limitations to growth.
barrier companies create general highly invested poor retailing returns unless
Retailing in general is highly competitive and most companies have very poor returns on invested capital. Unless you create a barrier of entry, you're never going to see very big returns.
affordable commitment economic genuine given health income investment leading lower ongoing provider savings solutions within
Our objective, which is to become the leading provider of affordable risk, health, savings and investment solutions to lower income earners, is well within our capabilities given our ongoing commitment to genuine economic empowerment.
almost costs double eliminated five gold interest internet issue itself legs maybe metal opportunity owning portfolio rates six standing stocks supplies technology yesterday
If the metal itself were to double from here, because there's really no supplies in gold stocks, the gold stocks could actually make the technology or Internet stocks of yesterday look like they were standing still So, I think the real issue was the opportunity costs of owning gold in the past, ... That has come away or it's been almost eliminated because the interest rates are so low. So I think every portfolio should have some exposure, not to go crazy, maybe five or six percent, but I think it has a play and I think it still has a lot of legs left.