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From Barron's 8-6-07:

"Of all the poeple we interview, David Richards strikes the deepest chord with readers. His interviews seem to be the ones that get tacked to walls or saved in a desk drawer, treasures of insight and wisdom. People who have benefited from his calls on gold (2002) and energy (2004) or just plain enjoy hearing a smart man put the global economy in perspective ring us asking whether we plan to talk to him again. His time running public money at two respected firms, Primecap Management and Capital Research & Management, may be over, but he still puts in long days of research and travel, particularly as a member of the Rand Corporation's Center for Middle East Public Policy advisory board. During a conversation in his Deer Isle Maine barn looking out to the waters of near Penobscot Bay, we found him most bullish, excited by the cheap valuations on many big-cap U.S. stocks with extensive international operations."

From David Richards:
"My position has changed enormously from what it was last summer. For the first time since I first talked to you back in 2000, I have no shorts. I believe the growth potential of the international economy and the potential for higher rates of inflation are not fully appreciated in the current valuations of stocks and bonds. I am attracted especially to the big international stocks that have pristine balance sheets and generate cash, that are buying back their own stocks and will benefit from the global boom."

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