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.
More Quotes from Robert Robbins:
Oil prices have rallied very significantly, ... Smith International would be a very leveraged and diversified oil service company to play there.Robert Robbins
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.
Robert Robbins
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.
Robert Robbins
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.
Robert Robbins
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,
Robert Robbins
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.
Robert Robbins
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Based on Topics: Competition QuotesNo sociologist should think himself too good, even in his old age, to make tens of thousands of quite trivial computations in his head and perhaps for months at a time.
Max Weber
I declare that I am a bachelor.
Julian Eltinge
A leader does not deserve the name unless he is willing occasionally to stand alone.
Henry A. Kissinger