We've been saying from the beginning that we wanted to get the number of positions down. It waters down the portfolio too much. Robert Friedman
Motivational, Inspirational, Funny Quotes
![[It is] the best low-cost credit card producer in the country, ... You back up that credit card business, you're buying the core bank at eight to nine times earnings. There's no need to chase the big boys when you have Bank One, a $60 billion company sitting there really cheaply. - Robert Friedman Quotes](/pic/img/img.php?text=W0l0IGlzXSB0aGUgYmVzdCBsb3ctY29zdCBjcmVkaXQgY2FyZCBwcm9kdWNlciBpbiB0aGUgY291bnRyeSwgLi4uIFlvdSBiYWNrIHVwIHRoYXQgY3JlZGl0IGNhcmQgYnVzaW5lc3MsIHlvdSdyZSBidXlpbmcgdGhlIGNvcmUgYmFuayBhdCBlaWdodCB0byBuaW5lIHRpbWVzIGVhcm5pbmdzLiBUaGVyZSdzIG5vIG5lZWQgdG8gY2hhc2UgdGhlIGJpZyBib3lzIHdoZW4geW91IGhhdmUgQmFuayBPbmUsIGEgJDYwIGJpbGxpb24gY29tcGFueSBzaXR0aW5nIHRoZXJlIHJlYWxseSBjaGVhcGx5LiA=&author=ICBSb2JlcnQgRnJpZWRtYW4gICAg&num=5 "[It is] the best low-cost credit card producer in the country, ... You back up that credit card business, you're buying the core bank at eight to nine times earnings. There's no need to chase the big boys when you have Bank One, a $60 billion company sitting there really cheaply. - Robert Friedman Quotes")
![[Lockheed stock] is trading about 10 times, 11 times earnings right now, ... The defense sector is unloved because the market is chasing the tech sector. So, that gives us great opportunity. - Robert Friedman Quotes](/pic/img/img.php?text=W0xvY2toZWVkIHN0b2NrXSBpcyB0cmFkaW5nIGFib3V0IDEwIHRpbWVzLCAxMSB0aW1lcyBlYXJuaW5ncyByaWdodCBub3csIC4uLiBUaGUgZGVmZW5zZSBzZWN0b3IgaXMgdW5sb3ZlZCBiZWNhdXNlIHRoZSBtYXJrZXQgaXMgY2hhc2luZyB0aGUgdGVjaCBzZWN0b3IuIFNvLCB0aGF0IGdpdmVzIHVzIGdyZWF0IG9wcG9ydHVuaXR5LiA=&author=ICBSb2JlcnQgRnJpZWRtYW4gICAg&num=13 "[Lockheed stock] is trading about 10 times, 11 times earnings right now, ... The defense sector is unloved because the market is chasing the tech sector. So, that gives us great opportunity. - Robert Friedman Quotes")