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Letter "M" » Michael Moe Quotes
«Earnings are what ultimately matters. You can't just have a sexy idea with Internet attached to it and have the stock work. There has to be a clear path to profitability - you have to have a market dominant type of position. At the end of the day, it's individual companies that ultimately benefit one way or another.»
«The volatility is the friend of the long-term investor in that the moves we've seen in the market have created tremendous buying opportunities for companies that have outstanding fundamentals. Inflation is nowhere to be found and the earnings growth in technology is really the driver of the new economy. It really creates a very healthy environment and very fertile ground to find companies growing very quickly.»
«Expectations have been pounded so low.»