I think the market is saying that the Dow has been flat for a year. If you look at the Nasdaq, it's up 40 percent year to year. And so the Nasdaq is going to correct probably quicker than the Dow, or the Dow will tread water, while the Nasdaq continues to come in.
More Quotes from David Beard:
On the other hand, people are living longer now. That is kind of the negative side. If people are living longer, these businesses won't grow all that fast.David Beard
You can see many companies have collapsed that never generated cash flow.
David Beard
When it's your time, it's your time.
David Beard
We own Edison International -- it is our largest position. It's a California utility. It could earn 2 a share next year, ... And it's probably worth between 22 and 24 (per share). They have an unregulated subsidiary, which could be worth another 2 to 4 (per share).
David Beard
To compete in the Olympic Games has always been a dream. The opportunity I have to represent my country at them is unbelievably exciting.
David Beard
Typically in bear markets, you have rallies. However, I tend to think we have put in a bottom and will keep rallying from here.
David Beard
Readers Who Like This Quotation Also Like:
Based on Topics: Water QuotesTime is at once the most valuable and the most perishable of all our possessions.
John Randolph
In old times people used to try and square the circle; now they try and devise schemes for satisfying the Irish nation.
Samuel Butler
As a director, you try to find what is creative.
Jan de Bont