On droughtring preparedness. We hear from representatives of state water agencies of the Water Projects and ges Water Technology division. This is one hour and 10 minutes. This hearing of the Senate Energy and Natural Resources subcommittee on water and power will come to order. For the purpose of todays hearing is to receive testimony , certainty of planning and innovative Management Practices that are critical to maintaining the secure Water Supplies that includes items that are crucial to arizona such as the Colorado River drought planning and watershed restoration better use of existing reservoirs, the reliable water supply and drought protection cannot be achieved without infrastructure and forward thinking management and planning. Often times discussions at the federal level are dictated by cost. However its important that the Congress Also consider the the barriers local committees face as they plan and pursue new Water Projects. I look forward to the hearing how the states an s
Whats a longterm investor to do . Well start by asking one of the greatest Value Investors of the last two decades. Bob olstein, i want to start with the political climate. Does any of that come into your philosophy for the investing. Whats going to become law and how does it effect the Free Cash Flow of companies or industries we are looking at. But we cant twhroins all this stuff from politically active people. Gary the fact that you have the political extremes going on in this cycle . The market, 80 of the market. Hedge funds that arent there with the spreads anymore. When the trading has become ridiculous. The analysts are look at if somebody has beaten the estimates or not. We have record volatility we take advantage of it. Gary so you are working more on the fundamentals and less on the news and currents information thats out there. There is a difference between an Investment Decision and market decision. Most analysts, there are Real Companies behind those stocks. And you have t
Whats a longterm investor to do . Well start by asking one of the greatest Value Investors of the last two decades. Bob olstein, i want to start with the political climate. Does any of that come into your philosophy for the investing. Whats going to become law and how does it effect the Free Cash Flow of companies or industries we are looking at. But we cant twhroins all this stuff from politically active people. Gary the fact that you have the political extremes going on in this cycle . The market, 80 of the market. Hedge funds that arent there with the spreads anymore. When the trading has become ridiculous. The analysts are look at if somebody has beaten the estimates or not. We have record volatility we take advantage of it. Gary so you are working more on the fundamentals and less on the news and currents information thats out there. There is a difference between an Investment Decision and market decision. Most analysts, there are Real Companies behind those stocks. And you have t
Whats a longterm investor to do . Well start by asking one of the greatest Value Investors of the last two decades. Bob olstein, i want to start with the political climate. Does any of that come into your philosophy for the investing. Whats going to become law and how does it effect the Free Cash Flow of companies or industries we are looking at. But we cant twhroins all this stuff from politically act people. Gary the fact that you have the political extremes going on in this cycle . The market, 80 of the market. Hedge funds that arent there with the spreads anymore. When the trading has become ridiculous. The analysts are look at if somebody has beaten the estimates or not. We have record volatility we take advantage of it. Gary so you are working more on the fundamentals and less on the news and currents information thats out there. There is a difference between an Investment Decision and market decision. Most analysts, there are Real Companies behind those stocks. And you have to v
Whats a longterm investor to do . ll start by asking one the grgreatest value invtors of the lastwo decades. Bob stein, i want t to start with the political climate. Does any of that come into y you philosophyor t the investing. Whats going to becomome law and how does ieffefect the free cashsh flow of comnies or industries we arlooking at. But we cant twhroins all thi stuff from politally active people. Gary thfact tt you have the politicaextremes going on in this cycle . The mararket, 80 of th market. Hedge funds that arerent there with the spreads anynymore. When the trarading has become ridiculous. The ananalysts are look at if somebobody has beaten the estimates or not. We have record volatility we takedvantage of it. Ry so youre working more on the fundamentals and leson the news and currents formation thats out there. There is a differenceetween an investment decion and marketecision. Most anasts, there are real companiebehind those stocks. And you have to value e businesses. Th