We had plans in place to expand the management team and he felt he needed to do something on his own, |
We own a lot of content companies, companies like Walt Disney ( DIS : Research , Estimates ). |
We review our capital levels on an ongoing basis and will, where appropriate, continue to buy back shares through the market as opportunities present themselves while simultaneously exploring other ways of effectively deploying capital. |
We think the valuations still can not be justified. |
We're seeing a rally, but it's a summer day and it's typical of a bear market to have these kinds of sharp, short rallies, |
[Doyle's second selection is Fidelity National Corp.] Basically when anyone buys a home they need to get title insurance. And this company is the dominant player in that business, ... And it is kind of what I consider printing money. It trades at about seven or eight times earnings. I think a lot of people doing refinancing and a lot of business being generated. |