Larry Rice Quotes
We've climbed a long way here, gone a long way toward discounting the beginnings of this economic pickup. I don't really want to do any investing here. I'm raising cash on the hope that I get a better opportunity and better prices on a pullback. 
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Climbed | Long | Discounting | Beginnings | Economic |
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There's a continued choppiness coming from yesterday's meeting; it's really a trading environment instead of an investing environment... Action has been dominated by stories in individual stocks but, to me, it's just continuing the trend of more money chasing few names.
- Larry Rice
It's amazing how investors penalize IBM ( IBM : Research , Estimates ) for the progress they've made over the last few years... And, yet they'll pay 100 times revenue for other companies. The second half of this year, it looks very good, very strong for IBM's businesses. I'd continue to buy IBM for portfolios here.
- Larry Rice
My timing would be that I'd want to start lightening up as we approach the elections, because once again, after the elections, it's conceivable you have a slowing economy. But a lot of things I'm looking at underneath the surface here show me that possibly we're going to have rising inflation at a time when the economy begins to slow. So we're going to see more increases after the elections.
- Larry Rice