This prudent mentality remains today.
We should bear in mind that, looked at from inside a G8 economy, a gloomy outlook seems prudent, if not inescapable.
The company also said it was "prudent" to withdraw its previous outlook for fiscal 2009 and suspended store openings beginning with fiscal 2010.
Given sentiment and technical factors, a short-term bullish outlook continues to be prudent.
He added, "We think it is only prudent to maintain a cautious near-term outlook about global economic conditions and the effects on customer spending".
"If we were to experience a negative mid-single-digit decline in comparable same-store sales in the fourth quarter, that would likely produce fourth-quarter earnings per share in the range of 90 cents to $1.00," he said, adding, "It doesn't seem prudent to reflect stronger assumptions in an outlook at this time.
By cutting the cash position that Mr. Allmon otherwise was recommending, and then by using margin, you could have built a leveraged Growth Stock Outlook portfolio whose risk matched the Prudent Speculator's.
An expansive outlook for 2009 is simply not prudent in this environment; that was the conclusion of the chairman of Logitech International, the Swiss-based maker of computer mice, keyboards and videogame accessories, on the day his company announced approximately 525 job cuts and scrapped its targets for the fiscal year 2009.
C. Rossow, C. J. Dietrich, C. Grier, C. Kreibich, V. Paxson, N. Pohlmann, H. Bos, and M. Van Steen, "Prudent Practices for Designing Malware Experiments: Status Quo and Outlook," in IEEE Security and Privacy, 2012, pp. 65--79.
Let's assume that you subscribed to Growth Stock Outlook but were willing to incur as much risk as the Prudent Speculator.
Nevertheless, in part because of the risks to the outlook for economic activity and inflation, the Committee decided that it was prudent to wait for additional information confirming that the economic outlook had not deteriorated and bolstering members' confidence that inflation would gradually move up toward 2percentt over the medium term.
