Rob Friedman Quotations

We buy what we think is cheap, ... Our job is to react to other people's overreactions.

We don't care whether it's old economy or new economy. We're looking for any asset that's trading at 60 cents on the dollar.

We have not always been as careful as we could have been, ... The current ratings system provides a solid foundation for helping parents guide their children and the enhancements that we propose today offer substantial potential for improvement.

We have not always been as careful as we could have been. The current ratings system provides a solid foundation for helping parents guide their children and the enhancements that we propose today offer substantial potential for improvement.

There are a lot of value investors who have done tremendous style drift, ... The funds have drifted so dramatically that it's hard to compare us to them.

We've got a dream team of Tom Cruise and Steven Spielberg and they've both delivered yet again.

There's nothing wrong with an old economy stock as long as you buy it cheap enough, and there's nothing wrong with a new economy stock as long as you buy it cheap enough. Profit is profit.

I fret for the 55- to 65-year-old investor who is investing the bulk of their assets in high-flying multiples, ... They can permanently impair their capital base. They don't have the longevity to earn back the money.

If you're comfortable with high risk, fine, ... But if you're uncomfortable with risk, you can't do without value.

The average stock was up 9 percent last year, whether it was growth or value, ... The market is top-heavy to a select list of names.

By value standards we had a good year,

We have to continually buck the tide of increasing costs.