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Letter "R" » Rich Bernstein Quotes
«We find very little improvement. There really hasn't been much balance sheet repair at all.»
«The equity analysts that follow these companies are assuming that the commodity prices we're seeing are attributable to strength in the global economy. What we don't know is how much.»
«It's hard for me to get excited about a cyclical recovery when I personally think that the risks of a double-dip recession are increasing. If anything, the fact that tech is outperforming underscores my notion that the U.S. market is still highly speculative.»
«There's nothing wrong with what the Fed is doing. The problem is that when you ease like that in a speculative environment, all that capital gets misallocated.»
«People are paying Bentley prices for Volkswagens and Volkswagen prices for Bentleys. As in the bubble, people ignore the fundamentals.»
«We still question how the SEC can allow such non-GAAP reporting practices to continue given that the entire purpose of GAAP reporting is to increase corporate transparency.»
«It gives a chance for kids to see more aspects of literacy if we do it in a week.»
«Our indicators are not even close to suggesting such lofty returns.»
«Now the overwhelming fear among portfolio managers is being left behind.»
«Bull markets don't start and end in a two-week period, which seems to be everyone's expectation these days. They are much slower and more gradual, and there is plenty of time to join in the fun.»

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