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August 9, 2011

Los Angeles Times: Gary Flam Quoted in “Experts talk strategy after the stock plunge”

“Experts talk strategy after the stock plunge,” by Stuart Pfeifer, Los Angeles Times.

“The big question is ‘Are we heading into a new recession, or is growth just slower than a lot of people thought?’ We’re of the opinion that growth is just slower. Given that we don’t see a recession, the market is providing great opportunities to buy some great franchises. If you step back, you can use other people’s fears to your advantage. Think of blue chips with good balance sheets: Disney, Microsoft, Apple, Schlumberger. I think a 15% to 20% rally in the S&P 500 before year-end is a distinct possibility.”

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