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.
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