FastSaying
We try to invest in companies that kids can easily understand and our educational material is targeted to about the 6th grade level. It's all in the presentation I think.
David Brady
Kids
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Even when there's kids standing at the bus stop, we'll say, 'Hey, come on, grab a book,' to encourage reading and education.
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In one sense, businesses like it if not much would happen. If he doesn't get impeached, there would be no policy movement.
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Another name that's probably been kicked around by fears over interest rates. It's well off its high. It's a leader in the consumer finance business. At the end of this year, it will have produced 25 consecutive years of earnings increases. That's a pretty impressive record with a rock-solid management, selling at about 15 or 16 times next year's numbers. So it looks like a pretty good deal to me.
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I think it's been driven down in large part by concerns over interest rates. There have been some pricing concerns in their long distance business, as well, but just a great company that's well off its high.
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The problem is, [parents] don't understand how little time it takes to accumulate quite a bit of money.
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