I have taken big positions in small-cap companies. There are tremendous opportunities ... to make a lot of money. |
I'm not a market timer but it absolutely influences people. There are a number of forces that buffet the market, demographic trends that people have to save for retirement and technological changes. |
The advent of the Internet has allowed people like myself to take an active role. The online broker and decreasing commission costs has been a major driver of that. Without the Internet I don't think my strategy would have changed, but through the Internet I have more research. |
The technology utilizes fiber optics instead of copper wire, ... It’s the most advanced technology. |
There are going to be areas of the state where the economics may be poor, and those are the areas where we need government intervention. The opportunity is there for the government to partner with private industry in those areas where market economics are considered questionable for natural development. |