The camp that argued deflation has been proven wrong, ... They (inflation-indexed bonds) provide a competitive return with less volatility ... We have been in a period of much reduced returns in stocks. Going forward I think equity returns on average would migrate more to 7 percent levels. This would be a conservative alternative. |
The challenge is what was making it exciting. You don't want to do anything that's too easy or that you know that you can pull off, otherwise it's really not worth doing. |
There is a real balance between risk and return in racing. Inside the cockpit, when everything is very quiet, very smooth, you get your fastest time. In investing, if you are easily distracted and let your emotions get the best of you, you end up making decisions that are sub-optimal. |
There's nothing like having lost money -- you need to go through adversity to be tested and you need to face it on several occasions to find out who you truly are. At our firm, we'd rather have people make their mistakes somewhere else. |
These people have done it over four or five decades. It means they've had to deal with many challenges. |
They have the necessary abundance of food and the non-disturbance they need to breed, to procreate and to thrive in this area, |
They said that they cut Rodriguez, and I had to ask, 'Which one?' |
This is one of those periods of time where you can have two different styles at an intersection. This year could be a crossroads. |
We try to take advantage of other investors' emotional or irrational reactions. |
We will not risk our clients' capital. |
We're still writing the script to see if there's enough for a third one, or if we're just going to do a second one, ... We're supposed to shoot in January, but we might do it earlier if we keep working at this clip. |
We're trying to wake up the little giant that we have here in Gilroy. We want people to know who we are. |
We've focused on retailers that we would call 'category killers,' |
What I love about new technology is that it really pushes the art. It really pushes it in a way that you can't imagine until you come up with the idea. It's idea-based. You can do anything. |
When I was little, he was the one that pushed me and now that I am older, I now push myself a lot. And he has taught me a lot about boxing stuff, too. |