Vince Farrell
Vince Farrell
build correlate goes growth guy match mix period style value wealth worst
Mix and match the risk. If you do it well, your growth guy is not going to correlate with your value guy -- but it will keep you in the game, ... If you're all in one style and it goes bad, that's the worst thing you can do if you want to build wealth over a long period of time.
depressed earnings given good growth improving pricing trading
Those are all trading around 12 times earnings and have given us very good earnings growth in a depressed pricing environment, ... And I think the pricing is improving for those companies.
chairman concern continue cut earnings forward good greenspan grow interest rally reserve surprise
I think what really triggered the rally was the surprise cut by (Federal Reserve Chairman Alan) Greenspan in interest rates. But earnings have been good enough to continue the rally. Now the concern going forward is: Can earnings grow in 1999.
above expect growth rates
The growth rates are still going to be significantly above what we expect the market's growth to be,
almost fact finally gotten japanese seven
I like the fact that it's almost done. They are finally doing something but for seven years, the Japanese have not gotten it.
bad economy extent financial loan loans loss reserves rule soft
I like financial stocks, but not banks, ... As a rule you have to be very cautious, because if the economy is softening, you don't know the extent of the loan loss reserves they're going to have to ante up for loans that go bad in a soft economy.
difficult expect ship taken task turn
This is a very difficult task they're taken on, and I don't think you can expect them to turn the ship around too quickly.
looking year
I'm very optimistic, looking out a year or two.
aol calming ceo gang happens market matter
No matter what happens (incoming AOL CEO Richard) Parsons and gang are going to concentrate on calming market expectations. Period.
crazy drive seat volatility
The volatility is going to drive us crazy going forward. So tighten your seat belt.
building economy terrible
We've been building to this for some time. The economy is in a slowdown but it's not in a terrible situation.
goes gross stock
as go Intel's gross margins, so goes Intel's stock price.
bottom earnings line
The bottom line is earnings will be good.
best company financial indeed insurance market stocks trades
AIG trades at a market multiple, and it is indeed the best insurance company in the world, in my opinion. But financial stocks rarely, if ever, trade at market multiples.