Ron Hill

Ron Hill
Ronald "Ron" Hill MBEis an English runner and clothing entrepreneur. He was the second man to break 2:10 in the marathon; he set world records at four other distances, but never laid claim to the marathon world record. He has run two Olympic Marathons, and has a personal marathon record of 2:09:28. In 1970, Hill won the 74th Boston Marathon in a course record 2:10:30. He also won gold medals for the marathon at the European Championships in 1969 and...
ProfessionRunner
Date of Birth25 September 1938
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These companies have very steady earnings growth, and they are servicing the Internet in substantial ways, the result of which is often bigger revenues bigger than a lot of the dot.com companies on Internet-related activities.
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We have had really spectacular profit reports, by and large, from most companies so far in this quarter. I think retail will be a disappointment, going forward. But, up until now, without any retailers, we've had a nice run. But people have been saying, you know, first of all, the growth rate has slowed from the first quarter to the second, and then the projections are that they will continue to slow down in the third and fourth quarters - we're coming up against really tough comparisons. And I think you know as people look to sort of the slowing of the growth rates, they begin to worry about valuations.
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We've been raising rates in this country since about June of last year, so we've had over a year's worth of rate increases starting to flow into the market. That has slowly, but surely, drained liquidity out of the overall financial system in America. So money supply growth has been below nominal GDP growth now for a number of months. So what's happening is slowly, but surely, there's just not enough money out there available to make everything go up all at the same time. So that's why rallies fail sooner than you expect, and why you know people get punished more for bad news than they get rewarded for good news,
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It's giving an encouraging sign that an economic turnaround is around the corner. Sales and profit growth can't be too far behind.
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We're focusing much too much on what's moving, which at the margin are the kind of that are negative for stocks and forgetting what's really crucial here. The fact is we are in an excess supply of money relative to the needs of the economy and corporate earnings growth will in fact be quite good in the third quarter.
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They're on the right track for subscriber growth, ... But more importantly, they're starting to focus now on getting more money out of each subscriber. So one of the tricky things will be to get people to stop focusing purely on subscriber growth and start thinking more about revenue per subscriber. They've got their own sort of gathering area for shopping for e-commerce, for Christmas time. Remember e-commerce season starts now with back-to-school and peaks with Christmas. This is going to be a time of a lot of excitement in the Internet space and we think AOL is well positioned to take advantage of that.
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They have not been attractive stocks to own this year because they've had trouble growing revenues, ... But now, all of a sudden, that nice steady growth in earnings -- coupled with the fact that because of the weaker dollar, their translated earnings from international sales are going to be much stronger -- (means) these companies are looking very attractive.
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I think next year is going to be a reasonably good year. When the Fed starts lowering rates, even though profit growth will be really poor, often some of the best gains in stocks come when earnings are doing poorly, because you're getting a lift from price-to-earnings ratios rising.
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The leadership is going to stay with companies that have very strong earnings growth,
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I've never prayed so hard in my life. I couldn't watch TV anymore. I felt so sorry for those people.
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These companies are responding very nicely to improved budgets for exploration and production going forward,
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I've contacted all the NRL clubs and I'm talking seriously to three of them.
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The whole thing with the government has not really weighed on this company at all, ... The company has continued to grow itself and sort of change its stripes from a ugly competitor to a more sort of new, friendlier Microsoft.
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There's some offensive linemen to be had. Linebacker is a pretty strong position. It looks like you can get some defensive linemen, but not a lot of them. Teams are going to different fronts and doing different things, so it creates more room for a different style of lineman. You'll take a different guy for a 3-4 team than you would a 4-3 team, so that creates a different look and view there. There are more of those 3-4 guys than there are 4-3 guys at end.