Kent Mergler
Kent Mergler
consider core expect expensive stock
The stock is expensive but you'd expect it to be expensive. We consider it a core holding.
flows investors negative seem side upside
Investors had overreacted on the negative side for some of the better companies, ... We seem to be going through these ebbs and flows of overreacting on the upside then overreacting on the downside.
bought companies continue current improvement quite rather solid volatile
You've got companies that are going to continue to be volatile for quite a while because most of them are being bought on expectations of an improvement in the future, rather than solid current earnings.
bath bed beyond cleanest extremely fewest outlook question unique
Bed Bath and Beyond has the cleanest outlook with the fewest question marks. It is a unique retailer that's done extremely well on execution.
curious everybody happens year
We're as curious as everybody else to see what happens when the new year starts.
changes daily define future perception period trying
We're in the period when everyone is trying to define what the future is. The perception of it changes on a daily basis.
financing selling unusual
When you are selling a $20,000 item, it's not unusual to have financing arm,