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Letter "J" » Joseph Cohen Quotes
«Pre-announcements are almost always negative.»
«Today the markets are already priced for imperfection,»
«Opportunities are likely to present themselves, especially given a 6- to 12-month time horizon,»
«We believe the decline in share prices ... has gone well beyond what the fundamentals suggest,»
«After September 11, 2001, we assumed that the equity risk premium demanded by investors would be above the historical average, but did not anticipate the current extreme reading which is near the highs of the past three decades,»
«It is too soon to know how the situation in Iraq will unfold in the coming months, and the extent to which the new government can indeed control the country, ... But, for the present, investors seem relieved that the direction is not toward an increased level of U.S. involvement.»
«Investors believe it is simply not acceptable to be environmentally irresponsible,»
«In 1997, investors were going for the sizzle around the world; this time they're going for the steak, ... The United States is the supertanker economy and assets in the United States represent good value.»
«The global backdrop in 1999 will continue to offer impediments, but we expect Supertanker America to stay its course of moderate economic and profit growth, ... A supertanker is not necessarily fast or colorful, but it is steady and reliable and hard to push off course.»
«The global backdrop in 1999 will continue to offer impediments, but we expect Supertanker America to stay its course of moderate economic and profit growth,»