I'm quite bullish. We're coming up on year 15 of a flat stock market. Historically that's a pretty good sign. So I'm not a hedge-fund manager but if I was I think I'd be feeling pretty good.
I'm primarily just an investor.
The American public historically was really not part of the stock market.
I expect my return to be 18 to 25 percent in 1988, while the Standard & Poor's 500 should rise 8 to 12 percent and OTC stocks gain 15 percent as liquidity emerges.
We have the Nasdaq private market. But we also want to make sure that every investor has an opportunity to ultimately join in growth and the success of these great companies that we have that have been formed in the United States.
Investors who find the best businesses to put their money behind are rewarded for their research.
When buying shares, ask yourself, would you buy the whole company?
I was about thirteen when I started thinking about the stock market. My dad helped me a little bit. I'd see it in the 'Santa Barbara News-Press.' These prices would change every day - what was that all about?
When you look at dividend returns on equities versus bond yields, to me it's a pretty easy decision to be heavily in equities.
Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it.
To me 'The Big Easy' is shorthand for owning big stocks that are easy for wary investors to buy into. These stocks tend to outperform during the back half of bull markets.
Both from the standpoint of stocks and bonds, an investor wants to go where the growth is.
I have never believed that large-cap stocks are too well followed to be anything but efficiently priced.
We believe that people moving their portfolios to an overweight in bonds will be disappointed over the long-term and will significantly underperform an asset allocation that over-weights equities.
Regardless of what the future holds, intelligent investment in common stocks offer a solid route for a reasonable return on investment going forward.
The data strongly suggest that very good years in the U.S. stock market are followed by more good years.
Invest in good, solid companies in good sectors.
I simply can't buy as much of some stocks such as Detection Systems or United Education & Software as I'd like because there just aren't all that many shares available.
I don't think it makes any sense for an individual to invest in common stocks unless they know the company, work at the company, and so on.
There's 4,000-plus stocks out there, and sometimes it gets a little confusing. And we like them to start with the portfolio grader, but if they'd like to see how I use the system and pick stocks - we offer that as well.
I have no idea what stocks I held in the '90s, in the 2000s, or even now.
Small-company stocks, like any asset class, can get picked over from time to time, but there are fundamental reasons why diligently mining them with an eye for unrecognised value can get market-beating returns.
Dead-low interest rates are great for stocks. They don't run up, they creep up.
The party line is that stocks historically have outperformed all other investment plans.
I'm not scared of many sectors, so if you look at my investment portfolio, it is pretty wide. I've invested in anything from market research firms to fashion houses and textile companies.