As a professional portfolio manager, we are staying far away from these companies. Just because something has China in its name doesn't mean the World Trade Organization deal is going to help them. |
Everybody just fled Asia in the second half of last year. People ran from Asia in great droves...A lot of high-quality companies were absurdly oversold. |
He's always going to be well-prepared mentally. He's not a big talker, but he's always ready to play. |
He's got good feet for that size. He's in good shape for a kid his size. He can run people down and catch them from behind (on defense). |
Higher interest rates in the U.S. were really strangling growth in Asia. |
I was far too cautious last year. |
I've been impressed with the government in certain cases, but these companies' inability to control their environment is very real, and this will keep the market very volatile. |
It is tough to see the yen weakening dramatically. And it's pretty easy to make a case for it continuing to go stronger. |
It's a real statement that despite Enron, (the terrorist attacks of) 9-11 and the recession in the U.S., Japan is having a worse time. But beyond the symbolism, it doesn't mean much. |
People are often not affected by a few negative days. If it goes on for a week, we'll see. |
There have been some bellwether events that have been pleasing to us as investors, and really [China] listing all of these state-owned banks and insurance companies has been inspiring. They've all managed to get out on the market, support relatively high P/E ratios, and they've had a great run in the last few months. |
This is a market that needed a correction. It just had this huge run since late spring that in many cases took the most expensive stocks and made them more expensive. |
This is downright nuts. These companies are not even on our radar screen. We don't even know what they are. I don't think anyone knows. |
This will be a nasty spike down in quarterly earnings and hopefully that will be the end of it. |
We need a reality check. Japan has still got a challenging demographic profile, managements that are less than dynamic and a government that is still very bureaucratic. |