Open the hood of a hybrid car, and you'll see the copper wire in its electric motor.
We've had a 15-year bull market. People's belief in stocks as a place to put their retirement money isn't going to die slowly. I don't think the market is going to fall away right away. But I think what it means is there is going to be pressure on (stock prices).
I think that people are going to stay at home because of fears of terrorism and that domestic travel is going to be a surprisingly strong business, ... And I think the companies that are poised to benefit from that, Frontier and Continental, are going to do very well.
Most of these companies are losing money, ... The ones that don't go bankrupt will be selling for $5 or $10 a share a year from now.
Obviously this is one with risk, but the potential is huge.
