This investment continues our focus of investing in high-quality, stable, cash-generative businesses.
More Quotes from David Blitzer:
Whether you call it consolidation, rationalization or getting your competitor to go out of business, it's a way for these companies to effectively deal with the collapse of commodity prices. In virtually every sector involved in something that comes out of the ground, we've seen consolidation.David Blitzer
Clearly, in the extreme case there comes a time when we pull the plug and chuck a company out but we want to keep turnover really low, ... But if a company clearly and substantially violates the addition criteria it's a candidate for removal.
David Blitzer
People will stockpile food, home heating oil if they can buy it.
David Blitzer
Increasingly, companies would pretty much write their own accounting rules when they put together their earnings releases. We said to ourselves, let's figure out how to do this the right way so the earnings number really tells us something about what's going on and the number is consistent from company to company.
David Blitzer
It's a sign that this is a company that represents the economy, represents the stock market and should be a member of the SP 500.
David Blitzer
The market seemed to think the Fed's bias was a note of panic, but I didn't see that at all. It's a note of caution. If the Fed saw a boom coming, it would shift to a neutral bias. I don't think it should scare companies completely, but I certainly wouldn't go spend like a drunken sailor.
David Blitzer
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Based on Topics: Business & Commerce Quotes, Investment QuotesBased on Keywords: cash-generative
Of all that is good, sublimity is supreme. Succeeding is the coming together of all that is beautiful. Furtherance is the agreement of all that is just. Perseverance is the foundation of all actions.
Lao Tzu
It's insanity for a party that believes in freedom to allow some Republicans to seize an agenda that is totally alien to the agenda that was established in the election.
Malcolm Wallop
But more wonderful than the lore of old men and the lore of books is the secret lore of ocean.
H. P. Lovecraft