Yale Hirsch
Yale Hirsch
astounding came gravitate internet keeps naturally periods riches today toward traders
We've always had periods when something came in vogue, ... This is different because of the Internet. It keeps on going and the riches just keep astounding everybody. All the traders that come up today naturally gravitate toward Internet stocks.
formula helped hurt people picking stocks
Those new stocks haven't really helped all that much, but I don't think they've actually hurt all that much, either. Their formula for picking stocks isn't the end-all, but it's what people know.
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With computers nowadays and the Internet, the average investor can be a financial genius. You now have databases . . . which put you on a par with the top money managers.
bear last market took
During those years, a market used to last about 9-10 months. In 1990 we had a bear market which took 3 months.
attempt economy incumbent massage voters
Incumbent administrations shamelessly attempt to massage the economy so voters will keep them in power,
bear bull last markets style
It's just the style of the last 15 years, ... Because of the long-term bull cycle, the bear markets are very short.
directions dominated few market
Nasdaq is not just another little place for a few stocks, ... It dominated the market and went in different directions than the Dow.
easily higher ibm left points praise
Had they left IBM where it was, the index easily would have been 1,500 points higher during that time. But how can you give them praise or blame? They are just making up an average.
behind business certainly history home left respond stayed
That's the history of business in this country. Wal-Mart did something differently, and Home Depot certainly did something different, and Sears stayed the same. If you don't respond to changes, you can be left behind and find yourself in trouble.
behind business certainly history home left respond stayed
That's the history of business in this country, ... Wal-Mart did something differently, and Home Depot certainly did something different, and Sears stayed the same. If you don't respond to changes, you can be left behind and find yourself in trouble.
compare comparing hard kinds
It's hard to compare them, because you're comparing two different kinds of markets,
candidate great internet might
I would think Cisco might make a great candidate because the Internet is not going away.