David Katz Quotes
You had GE and Citigroup with uninspiring news, and higher oil prices. We think after today's sell-off, sensibility will win the day. 
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Citigroup | Uninspiring | News | Higher | Prices |
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We think uncertainty creates opportunities and we would be buying into this weakness.
- David Katz
Shaw Group reinvented itself over the last year and, as a result, their earnings (per share) are going to go from about 95 cents last year to about $1.40 to $1.50 this year and then another 10 or 15 percent growth next year. We don't think the market has fully perceived how good business really is.
- David Katz
[But a P/E ratio is not to be dismissed completely.] It's one of a number of things... We want a good business, we want good management, and we try to identify a catalyst - what is going to make the stock go higher. Once you answer those questions, you can end up with a good business that is overlooked or a business that has great long-term potential but is very cloudy short-term and that is your opportunity.
- David Katz