Bull-by-the-Horns Bullish
Thomas J. Madden, Chairman and CEO, Transmedia Group
That’s me, bull-by-the-horns bullish.I know stocks love to climb a wall of worry. Hasn’t it been shown time and again that solid long-term returns come to those who wait?So why am I so worried this time climbing this worry wall?Maybe it’s because my nice little nest egg is so exposed and just sitting there as trade-war rhetoric heats up? Maybe it’s because my stocks are so vulnerable and at risk?Or perhaps it’s because I’m older now and don’t have a decade to recoup anymore from steep losses that perennially happen to investors caught in a sudden, steep downdraft.If I blow this nest egg, I’m in big T – that’s Trouble with a capital T, the stock symbol btw of one of my largest investments, AT&T that’s paying a nifty dividend.Am I in AT&T because I’m still loyal to Ma Bell who was my PR firm’s first client when I started TransMedia Group in New York City?Or is it because of their successful acquisition of the giant Time Warner that opens many new revenue streams? Who knows?All I know is right now my dividend-paying stocks are making money so I’m still bull-by-the-horns bullish.Go bull! Whatever you do, don’t Al Gore me.
About the Author: Thomas Madden is CEO of TransMedia Group, one of the largest independent PR firms in Florida, where it currently operates. The firm’s clients have included AT&T, American Red Cross, City of New York, GL Homes, Jordache Enterprises, McCormick and Schmick’s, Rexall Sundown, Stanley Steemer.
