There's no such thing as a stock you can own for 20 years, ... Things can change too quickly.
More Quotes from Frank Cappiello:
We ought to be very, very careful where we put our money in because when the music stops, we want to make sure we're in the right position. Eventually we will run out of space in the cyclical stocks. They will come very far, very fast.Frank Cappiello
It's like being your own doctor, ... I don't know anybody who has the ability to pick stocks five years out ... How can a worker on the assembly line in Detroit or a doctor performing surgery keep track of them.
Frank Cappiello
I think the judge has been very negative toward the company,
Frank Cappiello
The whole closed-end market is based on psychology, ... There's still a lot of hope among the investors who don't want to sell.
Frank Cappiello
Three entities would dominate three industries instead of one, ... The company seems to have developed that way over the years -- so someone must have seen this coming.
Frank Cappiello
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