Averse Quotations
Averse Quotes from:
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Explains Quotes
Often confused with shyness, introversion does not imply social reticence or discomfort. Rather than being averse to social engagement, introverts become overwhelmed by too much of it, which explains why the introvert is ready to leave a party after an hour and the extravert gains steam as the night goes on.
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Aircraft Quotes
Boeing and Lockheed are scared. They also don't want to get cross-wise with NASA, and NASA has sent the message to those companies that it views outer space as its monopoly, ... Those companies also have a history of being risk averse to put up their own capital when they don't have a government program to support them. This is very risky. The commercial aircraft business is very predictable compared to the aerospace.
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Add in the fact that these five negative events started when large-cap growth was at historical highs ... put that together with the valuations, and you can start to explain why it's done so poorly. Multiples have compressed, growth is hard to come by, and people have been averse to risk. When will large cap growth start to work? I think the answer is when we stop having a major negative event every year.