Ryan Jacob Internet Quotations

Really, the Internet is broader than one sector. We're going to focus on companies that focus the least on technology. Tech companies just are not attractive. They are too competitive, and they have predatory pricing.

I think everybody has been surprised at the speed of evolution we've seen in the sector. Usually new technologies take quite a while to catch on. The Internet has really changed the rules.

I think we've had a tremendous run. I mean Nasdaq had a terrific year. A lot of the Internet names that we hold in the fund had terrific years and quite frankly I think going forward it's going to be more challenging.

Three years ago, nobody took the Internet seriously. We're in it for the long term.

Something has changed (with Internet investing). You don't have the craziness of a wild IPO market.

For many of the Internet leaders, you're paying a high valuation with only modestly higher growth prospects.