The Daily News spoke to Larry Coats

The Daily News spoke to Coats about his strategy and how investors should respond to the market's gyrations on Aug. 27, 2007.

  • Most people do a lot of due diligence before buying a car or investing in real estate. But investment decisions are often based on hunches at a cocktail party or what's read in a periodical.
  • Think logically, be rational.
  • If investors can have a long-term horizon, there are some great investment opportunities.
  • Yes, there is increased volatility in the short term. In the long term, the volatility tends to be more on the upside.
  • We waited and bought Oracle, eBay and Microsoft.
Direct Link - When stocks stagger, focus on the basics.

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