John Shaughnessy Quotes (7 Quotes)

Bank One is selling at a discount to the market and provides a modest current yield. And frankly, it's got the capacity to grow, with earnings growth of 13 percent a year over the next number of years. So it's one that we think, certainly for value-conscious investors, makes a lot of sense.

The reality is that if the Fed raises interest rates by a quarter of a point all that's doing is serving to keep inflationary pressures under control.

Chevron is a very cheap stock. You have a 3 percent yield, it has the potential to grow 10 percent a year, in terms of earnings. It sells at a discount to the market,

The residents of Bradenton Beach should have a vote,

They're very, very good at what they're doing, ... and they're a few steps ahead of us in a couple of areas. They've done their homework about the payments system and because of (them) we all have a chance to lose some sleep at night.

Look back in the last 30 years, the Federal Reserve has caused every major market pullback because of tightening the monetary policy, ... I believe the odds are that they will be raising rates by 25 basis points on Nov. 16. But beyond that, that will be it, well into the year 2000 before any further rate increases take place.

You've got good, strong earnings momentum, ... You've got diversification. Obviously, they're a big software producer. They're also selling products and technology to other companies. They've got a major position overseas, particularly in Asia, and therefore, they'll benefit from a perking up there.