S. Hughes Bottom Quotations

If you want to invest in emerging markets, invest in a good manager. Although emerging market funds are expensive, the disparity between returns at the top and bottom of emerging markets funds makes the expense worthwhile.

The action is pretty good considering everything. If we can basically hold up through the close, that may confirm for some people that we have set a temporary bottom that could hold up for the next week or two.

You have more business leaders willing to enter into that conversation, mostly for self-serving reasons, quite frankly. This is a huge burden on their bottom line. It has become pretty clear that this system is not sustainable, and business leaders are finally coming to this conclusion.

It's kind of like mixing sugar with iced tea. If you let it sit, the sugar will sink to the bottom of the glass.

Federated had two good years in 1998 and 1999, but before that its performance was middling at best, and in the past few years, it's been doing pretty badly. With the exception of two good years, Old Westbury International has been in the bottom third of its category.