Do You Have a Portfolio for Value Stocks?

I do think there is a place in your portfolio for groat stocks that a reasonable valuation. If rates are going to be at four % and the fed's going to keep us there, which we all think is probably going to happen, value's got to be part of your portfolio. And so take, for example, microsopt. Even though it's trading in 25 times earnings, if microsop can grow its earnings, you know, eight to ten % higher than the average goat stock. You're going to have demand for that stock. That's where you really have to pick your stocks.