18 Quotes by David Brady
- Author David Brady
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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.
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I think it's just more anticipation of good things to come.
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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.
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Over the next two or three weeks, there will be uncertainty associated with (market) volatility. But it will be resolved,
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It has revenues and profits and a very strong pipeline,
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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,'
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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.
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People are still long-term investors and stocks are still the best way to go.
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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.
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