That's very frustrating, but earnings are still what it's all about. Investors look at annual performance, and they're not always patient to sit with a company for a long time.
More Quotes from Jeremy Siegel:
Gen Re is an important part of Berkshire. I think Warren would be the first to admit that he didn't know all the problems of Gen Re when he bought it in 1998.... There clearly is no ethical issue involving him.Jeremy Siegel
At 74, Buffett says he is in excellent health and has no plans to retire. Nor has he named a successor. But if he did leave the company, what would happen to it Buffett is universally viewed as the key to Berkshire's fine performance. He's obviously a very bright man, ... He looks at things very rationally. He doesn't like to get his emotions involved.
Jeremy Siegel
I think that certainly this preoccupies us today, but I think the economic factors are overriding when considering the direction of the market.
Jeremy Siegel
I was looking back on when Nixon resigned and actually the market held up very well around those days. It began to tank actually after Ford came in as president and the economic news began to dim.
Jeremy Siegel
Relative to the 7 trillion mutual fund industry, it's very little money, maybe one or two percent in returns.
Jeremy Siegel
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