Louis Navellier
Louis Navellier
Louis G. Navellier is Chairman and Founder of Navellier & Associates in Reno, Nevada, which manages approximately $2.5 billion in assets. Navellier also writes four investment newsletters focused on growth investing: Emerging Growth, Blue Chip Growth, Quantum Growth and Global Growth, and can frequently be seen giving his market outlook and analysis on Bloomberg, Fox News and CNBC...
NationalityAmerican
ProfessionBusinessman
CountryUnited States of America
absolutely advice average confidence investor money months patient
My advice to the average investor in 1988 is to be patient and think long-term. It will take 18 months for confidence to get better and, in the meantime, this is absolutely no place for short-term money.
cap cash earning figure generally large manage margin mid stocks works
Internally, when we manage portfolios, we figure out what works in large cap, what works in mid cap, what works in small cap. Generally speaking, large cap stocks want earning stability, strong cash flow, margin expansion.
although covering officially until violent
If you go back to 2001, the market had two violent short covering rallies then, although I know the market didn't officially get going until March 2003.
business early fine four half margins operating sold wrong
I had Dell for four and a half years, and its sales are still phenomenal, but their operating margins started to contract, so I sold it in early 1999. There's nothing wrong with Dell! It's a fine company. It's just the business risk they took.
election market year
There is a substantial correlation between an election year and how the market finishes.
buying everybody funds great money pouring safe
Large-caps were safe in 1996, '97, '98. Everybody was buying index funds and Nifty Fifty funds. As long as money was pouring in, it was great.
In college, I was told the market can't be beat.
If you are a short-term trader, you have the right to come and go from our funds.
benefit persistent stocks
I want attractive stocks that will benefit from persistent institutional buying pressure.
people
I sell these intermediate bond portfolios for people that can't go to stocks.
geeks stock
I grade my stocks. I'm what they call a quant, one of the geeks of the stock market.
funds money
As a rule, bond funds will not double your money overnight.
money trying
All I'm trying to do is manage money and take care of my shareholders.
basically beat efficient fully markets might trained
I'm from Berkeley, California, so I'm fully trained in socialism and all, but basically what they teach you there is markets are efficient and we can't beat them, so we might as well index.