Robert Robbins Quotes (26 Quotes)

Some analysts thought the company was off-track in terms of the long-term growth path and so I am not shocked in that respect. It's an appropriate example of the new corporate governance since the stock has languished for so long.

Home Depot didn't suffer through the higher interest rates in 1990 or all those oil inflation fears and so forth, ... And the company is really a very strong company. Their momentum has accelerated so I think they'll sail right through (a climate of higher interest rates).

I think bonds are appropriate for anybody that is close to retirement or is already retired and feels like they need that security and that defensiveness, ... appropriate diversification for a lot of people. But for people who are young and who can put money away for a long time, they really ought to be overwhelmingly in stocks.

I think the technology run is going to continue quite a ways, ... although we can always have a correction. And indeed, we've already had something of a correction. But the Internet's been my favorite sub-group for a couple of years now. And trends tend to persist longer than people think. I think this is a powerful trend. It's a fundamentally sound trend. Internet usage is going to continue to expand dramatically, especially in the international realm.

I think investors should strongly invested, ... They should realize that doom and gloom and all of this talk of recession is typical of major market lows. I think they should realize that the average decline within these long-term 'super bull' markets is 19 percent. And we've been down 27-to-28 percent. It's a great time to buy.

Yes, I think it's going to be a fantastic buy. I think we're going to pack the whole year's Super Bowl rate-of-gain, which tend to average 16 percent during the last 18 years, compound annual growth of the SP 500, 16 percent a year. We've had zero so far and the outlook is improving very, very significantly for the worst worry that people have had. And that is the Fed rate-hiking. It really looks like the probability is increasing dramatically that the Fed rate hikes are over and inflation pressure is in check. And as that continues to happen through year-end, we can get a fantastic rally, 15 to 20 percent on the SP 500 in three months.

I think with technology we had a two-year run that was fantastic and the Internet is off the front burner. It really is in trouble. You look at the top three market caps -- AOL, Yahoo, and Amazon, the technical trends are very mediocre to negative. And that's true of most of the others as well in the Internet area. So I wouldn't be so hot on tech especially at this time of the year when risk taking is really not a good idea. This is the worst seasonal period of the year going into late September and October. Now we may have one more little move up to the summer rally highs, but I wouldn't be chasing it,

There's a 50 percent chance the Fed is finished and (June's job number) puts the odds up a notch,

We need to be researching this. We need to make it available to our patients.

Because of the caution that I see right now, I would emphasize some of the more defensive stocks that are the bigger, stronger leaders in their areas essential products and services these tend to experience less than average volatility.

The company delivers essential products and services, ... And this is one that should benefit from the new Medicare legislation that is being proposed. You're going to see another 15 or 20 billion spent on drugs and CVS, of course, as a drug store chain, would benefit significantly from that.

You shouldn't worry about weakness in corporate earnings as long as it doesn't turn into a growth recession,

Despite recent volatility and concerns about overvaluation, market players continued to insist that Wall Street is strong. It's normal as the market rallies so strongly that we start seeing a correction and start looking for maybe even a 7 to 10 percent correction ultimately, ... But I don't think we're vulnerable to that right now.

I think investors have got to be more selective than usual for a few reasons. There's really a broader leadership in the market. There are a lot of finance stocks that are acting great. And that wasn't the case over the last two years to three months ago. This is pretty recent. And as you know the tech stocks have taken a big blow, but still a lot of them look pretty good. So I would spread things out. Finance is my favorite area. I have about one-fourth of total stock holdings there. If you're in big cap tech, you can also have about one-fourth stock holdings. I think if you're in secondary or small cap, probably about one-fifth. Consumer cycles have gotten very choppy. Maybe about 12-to-15 percent of total stock holdings. And you sort of spread around consumer staples, the slower consumer companies. And health care has got some attractive areas, but it's pretty choppy too.

Oil prices have rallied very significantly, ... Smith International would be a very leveraged and diversified oil service company to play there.

The finance sector has really emerged as my favorite here, edging out technology by a bit. I recommend that people have about a quarter of their stock holdings in finance.

It's obviously a play on telecommunications, long-distance (and) Internet-related stocks, and it's doing a lot better than some of the Internet stocks that have softened recently.

This is a wonderful economy, you've got great economic growth.

It was a little overbought. It's pausing . . . it's probably going to make another run at 10,000 in the next couple of days.

I suggest the small investors dig in their heels with this market, not worry too much. The Fed really didn't cause a significant inflation problem. So far, this inflation pressure has been no worse than the worst it's been in the last several years. And each time it's been a great buying opportunity. Any time you can buy the SP 500, the stock market index of the top 500 stocks, when its 7 to 11 percent off the all-time high, it's probably 2 to 1 odds. Given the history of super bull markets that we've had for 18 years in the two other of the century, that's going to be a fabulous buying opportunity. And if it's not, than you're probably half way down to the ultimate low and that's going to be an even more fabulous buying opportunity.

I would simply urge people to not get too distracted by the very, very short term. We all like to talk about the latest development and how it might change everything. But keep your eyes focused on the super bull. And the way that we could get derailed there just doesn't look likely at all. A monetary policy that throws in the towel in fighting inflation, that's far from the case. The Fed's been preemptive in trying to solve this inflation problem,

We are looking for opportunities to partner in the community. I think it's very important for Stanford not to just look within and see patients here. If we can make these partnerships work, we will be able to serve patients we wouldn't normally serve. The more we reach out, the more we are able to solidify our referrals on more complex cases.

Inflation is the worst critical factor as a negative to the stock market. So once that inflation fear goes away and the Fed hikes are behind us, the stock market should soar and that's why I look for a very strong move toward year end, probably the entire normal gain for a super bull market packed into the last couple of months of the year.

It will just be a natural edge for some of the more sophisticated and capable investors to do that, ... I think it's also fighting the competition a little, too. There have been a lot of upstarts that have grown very rapidly and the big firms are going to want to participate in that, too.

It's just so difficult. I don't have the time to devote to it. You need to do it often to be good at it.

I'm still super-bullish. I think the market's in a summer rally, about half along, towards all time highs. I expect minor all-time highs. No change in that view,