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Michael Farr Quotes

«Greenspan has been like a dog with a bone, very tenacious, ... I think the Fed will make a mistake. They will go too far. They always go too far.»
Author: Michael Farr
«The news today (Wednesday) is bad, but bottom line is, who cares? In general, the news is good, we've hit a bottom and are going to start to see improvement.»
Author: Michael Farr
«I warn people not to put too much emphasis on earnings. Look for jobs where you can hang your hat. Where you can be happy.»
Author: Michael Farr
«Will the Fed keep raising rates until the yield curve's inverted? There's not much margin for error here,»
Author: Michael Farr
«Poor J.P. Morgan. The company has got nailed on everything from Enron to Argentina and bad loans, ... But if we see the economy recover, the financial services will do well.»
Author: Michael Farr
«The weaker manufacturing number does put the Federal Reserve [policy makers] in a position where they will have to ease interest rates, ... The market is in a downtrend here. Psychology is controlling the market here. We're embracing the bad news and discounting the good news.»
Author: Michael Farr
«I think we've been in a search for leadership in the market. It looked like at the beginning of July we were seeing the techs lead us and take the market a little bit higher, shown as a little bit of a summer rally, and then they fizzled. And so did the rest of the market. And we've just sort of swooped lower. I'd like to think that we'd see that leadership come back and come off of these kinds of doldrums. But I think it might take a little bit longer, might even be today's unemployment report that begins to give us a nudge along,»
Author: Michael Farr
«I'm buying EMC. I think it's been killed. I think it's a leader in the storage industry. The stock has 30 times earnings, growing the earnings 25 percent.»
Author: Michael Farr
«If you're going to invest, invest in something that's more real, ... Like the old Wendy's commercials, 'Where's the beef?' Find some real beef in these stocks.»
Author: Michael Farr
«I also like Microsoft, and I particularly like EMC, ... These companies are going to come back.»
Author: Michael Farr

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