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).
More Quotes from David Beard:
We think pricing is going to be up in mid-single digits as early as June. People are not really looking at this at all. And historically, if you look at a price to sales multiple, this stock can trade as high as 40-to-50 (per share),David Beard
It brings added spirit to the team and it's a great experience to share your high school sports experiences with your only brother.
David Beard
You have to take the actual numbers and the guidance and combine the two. I tend to think if the high pe (price-to-earnings ratio) stocks have a weak quarter, and even if they have ok guidance, they're going to get killed. But if there are cheap tech stocks that have a weak quarter and so-so guidance, they're probably the ones to buy first.
David Beard
Earnings warnings are backward looking economic data are forward looking. People want to look forward.
David Beard
This is really sending a bad message to the public.
David Beard
When it's your time, it's your time.
David Beard
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Geronimo
Ideas are a capital that bears interest only in the hands of talent.
Antoine Rivarol
Failure too is a form of death.
Graham Greene