“If you think the markets will be going up in the next year or so it's hard to imagine the market rallying without Merrill Lynch and other brokerages.”
“Maybe handset sales in China are okay but that's not enough for the U.S. tech market to rally on. Companies here are still cutting capital expenditures.”
“Trying to sell your funds on someone else's platform is hard. The funds better have four-star or five-star ratings, or else it's hard to stand out from the crowd.”
“I like when managements are under pressure. Instead of just saying, 'we're doing fine,' they try even harder to either spin off a division or cut costs and deliver the goods.”
