Peter Doyle
Peter Doyle
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,
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,
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.
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.
asset company content discount globally likely media net occur trades
is likely to occur globally and this company has the media or the content that's going to be distributed and it trades at a discount to its net asset value.
collection cost focused improved investment largely management performance premium quality resulting several terms
Operational efficiencies resulting from management interventions over several years, in terms of improved cost management, better quality of new business, more focused premium collection and more competitive investment performance in particular, are largely responsible for this incremental value-add for stakeholders,
expand felt management needed plans team
We had plans in place to expand the management team and he felt he needed to do something on his own,
assets billion buyer cash distressed flow generates great last pick prices resort warren
Berkshire Hathaway sits on $45 billion of cash and generates about $5.2 billion of cash flow annually, ... Berkshire and Warren Buffett have really become the lender of last resort or the buyer of last resort of many assets. And I think he's going to pick up great assets at very distressed prices going forward.
balance buying company earn highly market million net percent profitable share shares
RX is a highly profitable company that's going to earn $300 million in net income, ... It has a 93 percent market share globally. It has a pristine balance sheet, and the company is also buying back their shares aggressively.
commission companies funding life paying policy risk taking
There had to be a different way of recognising and paying commissions, and now the life companies will be taking the risk of policy continuation by funding commission streams,
allow clients commission decide policies resolution structure switch waiting whether
We are waiting for the resolution of the new commission structure before we decide whether or not to allow our clients to switch from their old policies to new policies.
companies core cyclical incredibly large pockets quite technology
There's going to be pockets of technology that do incredibly well, ... But the valuation is still being the core of the very large companies are quite high, especially if they're really cyclical in nature.
basis buy capital continue exploring levels market ongoing present review shares themselves ways
We review our capital levels on an ongoing basis and will, where appropriate, continue to buy back shares through the market as opportunities present themselves while simultaneously exploring other ways of effectively deploying capital.
brands companies
Those companies that have brands and that have something proprietary will do well.