Saturday, June 07, 2008

"Most of what you hear is garbage"

from KMOV:

At Odyssey Advisors Inc. in Los Angeles, "We don't invest in companies unless we see a competitive advantage that's confirmed by strong orders, a rising backlog or an increasing market share," said Paul Woods, chief executive of the firm that manages a portfolio of "clean energy" stocks.

"The only way to cut through the hype is to do your own research, and that's a very tall order because most of what you hear is garbage," Mr. Woods said.


Post a Comment

<< Home