Shannon Zimmerman
speaker
587 appearances
8 recordings
1 series
first heard Apr 2009
last heard Nov 2009
Shannon Zimmerman’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
People were all excited about that going to be the thing that finally did seal the deal.
We talked to Damon Silvers, who's one of the Congressional Oversight Panel members.
He wasn't that enthusiastic about it, really couldn't speak to how successful it was being.
I think we now know it's not being successful at all.
There's been a news blackout, and maybe it's been obscured by the rally, and so it's kind of gone to the back burner.
But I, for one, would love to know what's up with that and if that's still Plan A. Or, I'm sorry, Plan, what, L at this point?
Yeah, and actually, James and I do sit in the same cube, but we prepare for these podcasts independently, and it turns out that, lo and behold, Walmart is my stock that's on my radar as well, for a lot of the reasons that James just articulated.
So, yeah, earnings were flat, revenue was flattish, although I think that it was a nice gain if you account for the currency, the impact of currency.
But to me, it's exactly the kind of company that is going to benefit from a sustained recovery whenever a sustained recovery begins to happen.
Because I think folks will come back into the market in a sustained way around these beaten down blue chips that have very compelling valuations.
The risk reward premium will change over time as their multiples expand.
But Walmart, Costco, these kinds of companies look like very juicy pieces of low-hanging fruit right now.
I think that's exactly right.
matched
And we're not even halfway through the woods.
matched
James mentioned that they didn't take write-downs, and that's true.
matched
They haven't taken them yet.
matched
Better than expected is nice, but when you have an entire sector of the market that has systematically lowered expectations over the last year or two years, it's not very hard to impress folks, right?
matched
And so I think that going forward, people should bear in mind the absolute returns.
matched
A fund manager once told me that you can't eat relative performance.
matched
This is all about relative performance.
matched
Showing 521–540 of 587 · page 27 of 30
← Previous
Next →