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Letter "T" » Tom Galvin Quotes
«Stock prices took a major plunge and I think overshot on the downside.»
«At the end of the day, this is still a growth market, and the best growth remains in technology.»
«I was looking at industry groups that do well during recessions, and I was amazed to find out that many of these industry groups tend to be beneficiaries of the mere flaws of human character, ... In the last 12 months, the Vice Squad was up 20 percent, even though the market is down 25 percent.»
«[Other than that, he shares the skepticism of many on Wall Street and the business world about what goes on in Washington.] At this point, politicians can only screw it up, because things are going so well, ... I try not to spend more than five minutes a year on politics.»
«[Expect some pretty weird behavior as millennial fever reaches full swing in October, November and December. The best plan may be to ignore it all.] Think about the longer term, ... What are people going to bitch and moan about when Y2K is over?»
«Earnings (for financial stocks) are going to outpace the S&P 500 in the second half of this year,»
«It's a classic case of the bogeyman. Everybody's scared of the bogeyman. Most people don't think it exists. But the mere talk about the bogeyman makes people anxious.»
«You certainly don't want to be cashing out of equities. Given that [cashing out] is a common notion, the money will be made going against that.»
«It's their money and they're in charge of it.»
«Last year was the perfect negative storm.»