4 Quotes by Alexander Young

Our forecast for a 2006 P/E ratio of about 19 is reasonable given the profit outlook. These are not value stocks.

Cyclical sectors are at high valuations, justifying a more defensive stance.

The best growth at a reasonable price is to be found in the emerging markets, where you have 15% earnings growth, just like in Japan, but multiples of only 10 or 11. We're expecting another year of double-digit gains in earnings.

If you grow up and have a girlfriend then you know what to do.