Special thanks to jim moran and Shelley Rodman and also set carey who cannot be here tonight, for working together so i could speak. These organizations that i admire so much, the american aquarian society and mass audubon. We have been working at a variety of times maybe 30 years, always found it to be such an intellectually welcoming community here, a place where scholarship and friendship come together in such a remarkable way. Im very, very grateful to all of my friends here, the members of this exceedingly smart staff and this year to my fellow fellows who are also exceedingly smart. [laughter] gregory nobles and then there is mass audubon. I got to worcester, i got the opportunity to go to the mass audubon, and i was struck by the energy and commitment of the people who are working with were working for mass audubon. I got a sense and a taste of their very wise it and effective advocacy, and not just for birds but also for the environment and also really for all of us. And also,
Birthday february 23rd of this year. Swre the original handwritten lyrics on display. While most people recognize the song as a sing along from our Elementary School days, usually they didnt involve singing the fourth and the sixth verses which were much more a social commentary about how things really could be improved in our society. Yes, woody thought we had a beautiful land and he paints this gorgeous landscape of the things that he saw as he traveled from coast to coast. But he also wants to point out about things about the people and how were treating the people and how we should be taking care of each other better. There was a big high wall there that tried to stop me sign was painted, said private property but on the back side it didnt say nothing this land was made for you and me the idea of a land owner seeing people who were starving outside this beautiful land that he had and saying no, you have to keep out, this is private property didnt really go along with what woody tho
Birthday february 23rd of this year. Swre the original handwritten lyrics on display. While most people recognize the song as a sing along from our Elementary School days, usually they didnt involve singing the fourth and the sixth verses which were much more a social commentary about how things really could be improved in our society. Yes, woody thought we had a beautiful land and he paints this gorgeous landscape of the things that he saw as he traveled from coast to coast. But he also wants to point out about things about the people and how were treating the people and how we should be taking care of each other better. There was a big high wall there that tried to stop me sign was painted, said private property but on the back side it didnt say nothing this land was made for you and me the idea of a land owner seeing people who were starving outside this beautiful land that he had and saying no, you have to keep out, this is private property didnt really go along with what woody tho
Always found it to be such an intellectually welcoming community here, a place where scholarship anp an friendship ce together in such a remarkable way. Im very, very grateful to all of my friends here, the members of this exceedingly smart staff and this year to my fellow fellows who are also exceedingly smart. [laughter] gregory nobles and then there is mass audubon. I got to western western, i got the opportunity to go to the mass operative audubon, and i was struck by the energy and commitment of the people who are working with were working for mass audubon. I got a sense and a taste of their very wise it and effective advocacy, and not just for birds but also for the environment and also really for all of us. And also, their stewardship of the land, some 60 natural sites in massachusetts, 58 for me, but i am going. Honored to be here, happy to be here, happy to talk about my man audubon. When i think about john james audubon, when i write about him, i see him as a man of so many i
In the United States and the hunt for yields continues. Staples, which hit a fresh high today, but are those socalled safety stocks now the ultimate danger trade . Take a look at that. The pes for the 2016 growth, which is practically anemic. Well, first of all, part of the problem here is were talking about staples. If youre talking about the head wins, if youre staples retarial, you want inflation. Thats going to add to your top line revenue sales. Their core group and the kour households, growth is not there and theres no inflation, so start with that foundation, which is not terribly good. Were in an environment where companies have very solid business models. And they have extraordinary yields. Why shouldnt they trade at a premium. When i look at where we are in the market cycle and if we are late economic cycle, joe yesterday for example, you should own these names and you should own them and you shouldnt be blindly just diving into them. There is relative value in this space. Ew