David Brady Quotes (14 Quotes)


    The problem is, parents don't understand how little time it takes to accumulate quite a bit of money.

    A well-meaning grandparent or aunt or uncle or parent can get a child started on a very easy basis. Just put in 50 a month -- you don't even notice -- and over the years the account builds and compounds very nicely.

    Another name that's probably been kicked around by fears over interest rates. It's well off its high. It's a leader in the consumer finance business. At the end of this year, it will have produced 25 consecutive years of earnings increases. That's a pretty impressive record with a rock-solid management, selling at about 15 or 16 times next year's numbers. So it looks like a pretty good deal to me.

    I would like to see them say, 'Hey, Walter Forbes is clean. He is a good guy. He's got a decent idea here, and we need to keep him around.' Or, 'Hey, Walter Forbes is no longer part of this company,'

    I think it's just more anticipation of good things to come.


    People are still long-term investors and stocks are still the best way to go.

    You can own this stock for five years or 30 years.

    Eddie is exceptionally smart and his papers show it. He's one of the few economists I want to read because (his writing) is so clear. He's very articulate and can speak to different audiences with different levels of economics expertise. He has a unique ability to take really complicated ideas and make them understandable.

    For a lot of parents, it just seems like there are other concerns. They focus on education and staying out of trouble and by doing that they somehow believe that financial security will take care of itself.

    All companies involved that rely on dot.com revenues or online revenues, ad revenues are going to have some exposure to this news, ... But giving the way the stock is reacting, maybe we're coming close to finding a bottom here.

    In one sense, businesses like it if not much would happen. If he doesn't get impeached, there would be no policy movement.

    I think it's been driven down in large part by concerns over interest rates. There have been some pricing concerns in their long distance business, as well, but just a great company that's well off its high.

    We try to invest in companies that kids can easily understand and our educational material is targeted to about the 6th grade level. It's all in the presentation I think.

    I'm looking to buy very-high-quality companies that people have jettisoned from their portfolios because they're overly concerned about the short-term outlook for the economy.


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