A Quote by David L. Katz

Abbott Labs absolutely are on the mend. You were able to buy 15 percent growth over the last five, 10 and 20 years at 13 or 14 times earnings, ... It's a great opportunity. Buy on this dip. We think a year from now the chart's going to be a mirror image on the up side.

David L. Katz

Quote Topics

Able Absolutely Buy Chart Dip Earnings Five Going Great Great Opportunity Growth Image Labs Last Mend Mirror Mirror Image Now Opportunity Over Percent Side Think Times Up Were Year Years

Quote Author

David L. Katz
American - Author
Born: February 20, 1963

Educating girls just one year beyond the average fourth grade education increases their eventual earnings by 10 to 20 percent. Every additional year of secondary education can increase future wages by 15 to 25 percent.

Gayle Tzemach Lemmon

I think the first word of caution is; It's not the kind of market where you need to jump in immediately on these downs. We've trained investors so much over the past decade and a half: Buy the dip, buy the dip.

Liz Miller

If you're going to buy something which compounds for 30 years at 15% per annum and you pay one 35% tax at the very end, the way that works out is that after taxes, you keep 13.3% per annum. In contrast, if you bought the same investment, but had to pay taxes every year of 35% out of the 15% that you earned, then your return would be 15% minus 35% of 15%-or only 9.75% per year compounded. So the difference there is over 3.5%. And what 3.5% does to the numbers over long holding periods like 30 years is truly eye-opening.

Charlie Munger

Fifty years ago or a hundred years ago, generally, most people would buy a house the way you buy a car. When you buy a car, do you think, 'I better buy this year rather than next year because car prices might go up?'

Robert J. Shiller

If we had 3 percent growth, which is what we're trying to get to, what we're at, by the way, right now, we're trying to maintain that 3 percent growth. If we had been at 3 percent growth over the last ten years, the budget very nearly would be balanced in 2017. That's how big a difference it makes when you grow the American economy that additional 1 percent over ten years.

Mick Mulvaney

If you really think that houses prices are going to go up next year and the year after, you feel if I don't buy it this year, I'm going to have to buy it next year. [...] And when somebody makes it very easy for you to do it by saying you don't really have to put up my money, you can lie about your income a little, or we'll give you 100 percent mortgage, you're going to do it, because everybody that's done it has been proven right. You have what they call social tools, and, you know, you're going to feel like an idiot if you didn't do it, because the house cost more.

Howard Warren Buffett

Historically, we have always seen reversion to the mean. After stocks have had an unusually great 10 or 20 years, they typically turn in subpar results over the next 10 or 20, and after bad 10- to 20-year stretches, the next 10 to 20 tend to be above average.

James O'Shaughnessy

If your credit is going to grow at 10-15 percent per year in order to get your 5 percent GDP growth per year, eventually you're going to have a problem. This isn't a stable system.

Adair Turner, Baron Turner of Ecchinswell

If I knew where I was going to want to live the next five or 10 years I would buy a home and I'd finance it with a 30-year mortgage... It's a terrific deal.

Warren Buffett

I don't think it's fair to 12-, 13- and 14-year-olds to say 'Show us you're a winner right now!' Winning isn't everything. I'll never buy that thing that if a boy loses a football game, he's a loser in life.

Joe Paterno

One of the big problems with growth investing is that we can't estimate earnings very well. I really want to buy growth at value prices. I always look at trailing earnings when I judge stocks.

David Dreman

I always tell women, "Get in front of a mirror, know your body." Don't think, "OK, I'm going to lose five pounds and I'm going to gain five pounds." Try to find an acceptance in the present and buy things that make you feel good. I would say, if you're buying less expensive clothes, buy two sizes bigger. They'll hang better.

Molly Sims

I don't think the market can keep going up. In the U.S., we see real estate not going up.. houses are selling at lower prices. You can't have anything going up 10 percent to 20 percent to 30 percent indefinitely.

Eli Broad

I remember when I was in college, my junior year NWSL was not a thing and my senior year, it started up and I had a place to play now. It's really great that it's been able to be stable for these last seven years and we can always continue to push for more growth.

Crystal Dunn

Winning slowly is another way of losing. Americans are screwing up our health care system again right now. That's going to cause grave trouble for people over the next five, 10 years. There are going to be lots of people who die, lots of people who are sick. It's going to be horrible. But 10 years from now it will not be harder to solve the problem because you ignored it for those 10 years. With climate change, that's not true. As each year passes, we move past certain physical tipping points that make it impossible to recover large parts of the world that we have known.