These are good growth stocks and we think the earnings are going to continue to keep growing.

When you put your name on a fund, there’s a certain element of pride, of not wanting to be embarrassed or neglectful. . . . It forces you to want to work just a little...

I don’t think any of us are averse to the development. St. Joe has had trouble in dealing with the law.

We would like them to be more constrained, more enlightened. There’s nothing to prevent them from doing the right thing.

It’s a new day dawning for the railroads.

We believe the blend of investments in companies in various sectors, as well as the representation in multiple cap sizes, provides distinctive portfolio diversification and balance. This strategy helps us to remain flexible and to...

Union Pacific has been a bit behind the other railroads in improving efficiency and the fruits of its efforts to catch up are beginning to show.

I think Home Depot Inc. (NYSE:HD) is a great value and a good long-term investment, where patience and staying put will be rewarded.

Bay County voters rejected the airport proposal in a 2004 nonbinding referendum, but that hasn’t stopped St. Joe or the state from pursuing this boondoggle. This is neither the time nor the place to build...

Anybody who owned General Motors for the dividend had to recognize there was a high probability the dividend would be cut. The important thing at General Motors is not the dividend. The important thing is...

As they are changing from old contracts to new ones they are raising rates, which is a good sign that they are doing very well. They have established themselves as a viable investment prospect.

It’s a new day dawning for the railroads. The railroads have been underperformers for so many years that people stopped paying attention to them. I think there is a lot ahead of them even yet.

I feel nothing but contempt. They pay themselves like they are rock stars.