David Beard
David Beard
David Beardis an Australian volleyball player, who twice competed for the Men's National Team at the Summer Olympics: Sydney 2000 and Athens 2004...
bet confidence consumer pull
It's two-thirds of our economy, and we're making the bet that the consumer confidence is going to pull back,
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I think we've anticipated that the economy's not getting worse, ... But in order to see the next leg up, we need to see a significant upturn in (2002 profit) numbers.
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It brings added spirit to the team and it's a great experience to share your high school sports experiences with your only brother.
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It's important for undergraduate students to learn to write for real audiences doing real work, and not just for an instructor who is going to grade them. I'm excited that the university is interested in this kind of collaboration.
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I think the market is saying that the Dow has been flat for a year. If you look at the Nasdaq, it's up 40 percent year to year. And so the Nasdaq is going to correct probably quicker than the Dow, or the Dow will tread water, while the Nasdaq continues to come in.
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Earnings warnings are backward looking; economic data are forward looking. People want to look forward.
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On the other hand, people are living longer now. That is kind of the negative side. If people are living longer, these businesses won't grow all that fast.
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We own a hospital stock. We own a couple of them, but our favorite is UHS. They're performing well. Admissions are up. Pricing is up and that stock's probably worth 30 percent higher,
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We own Edison International -- it is our largest position. It's a California utility. It could earn $2 a share next year, ... And it's probably worth between $22 and $24 (per share). They have an unregulated subsidiary, which could be worth another $2 to $4 (per share).