CNBC is a very serious-minded financial news network, and what we've seen thus far from Fox appears to be not as investment-focused or financially focused, and that's good for us.
While it's wonderful that investors have access to all the data now available to them, it has become a full-time job to sift through it and separate out the valuable news from the useless noise.
Never underestimate the power of Abby Joseph Cohen.
Don't expect Barton Biggs to be offering his market insights on 'Bloomberg News' anytime soon. His plumber, maybe.
An effective leader develops the ability to correctly identify the pertinent detail or details - incidentals in a market, industry or sport that might create an incremental advantage.
Knowing your customer inside and out is mission-critical, and it takes time. It's impossible to hit on the insights that will ultimately decide your company's fate without putting them to the test - literally - even if that takes longer than you'd have liked.
I mistrust anyone... if they're saying, 'Well, that market wants this,' and you're not part of that market.
Just because a company falls doesn't invalidate what we can learn by studying that company when it was at its historical best.
We need to be in front of consumer trends and translate those trends into insights and foresights.
It is impossible to know what people will like. No market research, formulas will help, it's best to stop guessing.
We're talking to every third-party supplier every day of the week, and our traders are talking to them and buying products from them. When we're doing that, we see opportunities which no one else sees.
I talk to hundreds of companies a year and spend hour after hour in heady pow-wows with CEOs, financial analysts and my colleagues in the mutual-fund business, but I stumble onto the big winners in extracurricular situations, the same way you do.
I'm watching the charts every week and hoping something will pop into my head.
We started giving presentations at practitioner conferences in 1986, and since then all of our derivatives research has been stimulated by contact with practitioners.
I have the privilege of being the vice chair of the World Economic Forum's real estate council. In that role, I review a lot of economic data and original research from around the world.
