Eric Barden
Eric Barden
amount energy expansion industry neglected past tremendous
Energy infrastructure is something that's been neglected the past 10 to 15 years, so there's a tremendous amount of catch-up in the industry to get the expansion back up.
earnings economy fed increasing means pressure quite second
There's increasing recognition that the Fed is not quite done. It means that the economy is going to get weaker, and that may put pressure on earnings in the second half.
becoming company difficulty efficient might moved online people process taking
This is a company a lot of people might think may have difficulty going forward. You would think faxes are obsolete, but the process is becoming more efficient as we've moved to taking them to online from paper.
fed increasing quite
There's increasing recognition that the Fed is not quite done.
growth stocks taken value
A lot of the distinctions that are taken as conventional wisdom, or even gospel, don't necessarily make a lot of sense to us. For example, growth stocks can be undervalued, and value stocks can be overvalued.
domestic hold investment limiting merit
We don't really see any merit to limiting our investment universe, so we'll hold large-caps and small-caps, as well as domestic and international stocks.