Word: schottenfeld
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...younger age compared with people in other countries. Just over 20% of Americans reported trying pot by age 15 and nearly 3% had tried cocaine by the same age. Those percentages jumped to 54% and 16%, respectively, by age 21. That finding isn't surprising, says Dr. Richard Schottenfeld, a professor of psychiatry and a drug expert at the Yale University School of Medicine, since peer influence has a significant impact on the prevalence of drug use. In the Netherlands, for example, there is a large, vocal and homogeneous conservative population that is staunchly opposed to marijuana, says Schottenfeld...
...SCHOTTENFELD: Bull markets have started in the past at high P/E multiples because the earnings are depressed. And with bond yields so low, an S&P 500 at 23 times earnings isn't outrageous...
...SCHOTTENFELD: The case for mid-caps is that the companies are still smaller than large-cap companies, so they're quick. You can turn things around a lot faster. Yet a lot of them are more substantial than their small-cap peers. These are professional teams running real companies and real products that could be leaders in their industries...
...SCHOTTENFELD: I became more aggressive after Sept. 11. I've added to almost every existing position. I was able to buy names that I previously would never have bought--all in travel, like Starwood Hotels because it's selling for half or less of its replacement value. I was able to buy Carnival and Southwest Airlines, which is one of the only airlines that has a business model that makes money, and I bought it at a value price...
...SCHOTTENFELD: I mentioned Starwood before, and I love it. The price is totally right. The stock was at $41 back in May. I've been buying at $23. The stock is worth between $40 and $50, based on the replacement value of the rooms that they own, which is 58,000 rooms. The hotels are Westin, St. Regis, Sheraton. This year earnings are going to be down for obvious reasons. What I like is on the macro side. Construction in new hotels is going down dramatically, so when we come out the other end of this downturn, they're going...