Michael Paisan Quotations

Unfortunately, you have some smaller companies there that are willing to pick up the slack, but they'll be taking on a big risk and may in some cases put their franchises at risk. They're the people that think they can do it better than the big guys can.

When you look at any catastrophic event, it's a knee-jerk reaction to sell these stocks.

The business could fetch 60 to 80 percent of its $2.5 billion book value -- probably in the $1.5 billion range.

The fundamentals of industry pricing have changed for the better.