BULLS & BEARS: Commodities are passé; time to invest in laggards
As you may recall from my column a fortnight ago, Bill Miller is the manager of the Legg Mason Value Trust. It's the mutual
fund with the longest winning streak vs. the S&P 500-16 years. In the last column, I shared why Miller believes commodity
prices are close to their peak and why he feels commodity stocks, especially oil and metals stocks, are too risky for their
potential return. The rest of this column quotes Bill's quarterly letter to his...
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See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.
Pimlico
While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!
You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.