2 ordspråk av Ron Muhlenkamp

Ron Muhlenkamp

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We have been betting since 1990 that the American public had changed their attitude toward housing and basically buying goods and services and shifted toward buying financial assets. In the 1980s, Wal-Mart was the most successful retailer in the country. In the '90s, it's been Merrill Lynch .

We don't view cyclicality or volatility as a negative. Some of the businesses are cyclical and some are steady but Tyco is in a good position in them and they make good money.

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