David Braverman Quotations

Whatever volatility we've seen today can be attributed to oil.

They're pricey, but on the other hand, that's where you're going to get the good growth and good earnings.

The markets will be relieved once we know the winner. It's more important that there's a clear winner than who wins.

I think by the time we get to the fourth quarter and next year, things are going to get a lot better.

It could mean a substantial reduction of global trade. That could lead to new energy shortages and affect a wide variety of imports and exports, particularly manufactured goods from the Pacific Basin.

It could mean a substantial reduction of global trade, ... That could lead to new energy shortages and affect a wide variety of imports and exports, particularly manufactured goods from the Pacific Basin.

I think the market ought to be satisfied with the idea that at least there's not going to be anymore tightening. You know, it's only a couple months ago that people were saying the Fed was going to tighten all through the fall. So now that it looks like they're not, people are saying, wow, maybe they'll ease now. But I think that is quite a way off, probably some time next year.

Analog Devices makes digital chips that go into cell phones, and there's nothing more hot than that at the moment - you've got cellular phones, which, obviously the world wants to own, plus you've got the chips that go into these phones. These are really the places to be right now.

Semiconductors seem to have bottomed finally. It looks like you know we've passed the worst. Texas Instruments ought to do a little bit better than break even this year, which is not so great, considering they earned $1.73 on the year-ago. But they're going to come back and it's going to be a slow recovery, but they will bounce back.

I think stock selection is going to be key. It's just like last year, where if you picked a stock at random, you probably lost money even though the averages were up. And stock selection's going to be key again. You have to pick stocks that are going to have earnings that exceed the consensus. It sounds very simple but it's not the easiest thing in the world to do.