In every other issue of my investment newsletter, The Validea Hot List, I look in detail at one of the computerized guru models I run on Validea.com. In this week’s issue, I outlined my Patient Investor strategy, inspired by the approach that Warren Buffett has used to become one of history’s greatest investors. Below you [...]
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Archive | May, 2009
Roubini Offers Good News (Sort Of)
May 27, 2009
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Nouriel Roubini — the economist who predicted the economic crisis and who has been dubbed “Dr. Doom” for his dire predictions — now thinks the global recession will end later this year, significantly earlier than he has previously predicted. “We are not yet at the bottom of the U.S. and the global recession,” Roubini told [...]
Read moreGuru Upgrades/Downgrades: IBM Falling, Walgreen Rising
May 27, 2009
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Each week, I take a look at which stocks my Validea.com Guru Strategy computer models have newfound interest in, and which they have soured on. Here’s a look at some of the stocks that my strategies have upgraded or downgraded today. Among the big-name movers: IBM, Chevron, Walgreen, and General Dynamics.
Read moreZweig: WWGD? (What Would Graham Do?)
May 26, 2009
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Writing sixty years to the day after Benjamin Graham’s classic The Intelligent Investor was published, Jason Zweig says that Graham would be cautious amid a market like this one. “Today the market seems to be in just the kind of mood that would have worried Mr. Graham: a jittery optimism, an insecure and almost desperate [...]
Read moreYale’s Swensen on Asset Allocation — and Why to Avoid Mutual Funds
May 26, 2009
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On WealthTrack with Consuelo Mack, Yale endowment guru David Swensen discusses his thoughts on how individual investors should structure their portfolios, where the markets are headed, and why you should steer clear of mutual funds. According to Swensen, who as manager of Yale’s endowment has grown the university’s portfolio from $1 billion to about $17 [...]
Read moreFisher, Others See Big Value in Russia
May 22, 2009
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Kenneth Fisher and two other major money managers are making aggressive stock plays in Russia, where turmoil and problems persist but valuations are at the lowest levels of the 50 major markets, Bloomberg reports. “Russia in some ways today is just a levered play on the world,” said Fisher, who thinks we are in the [...]
Read moreTilson Turns Bearish on Banks
May 22, 2009
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About two months after turning bullish on some financials, Whitney Tilson — who predicted the housing bust and financial crisis — is now taking profits on some of his bank bets and predicting that more financial troubles are on the way. “There will be a headwind of continued losses for the better part of five [...]
Read moreStocks Rising, Dollar Falling — How to Benefit from Both
May 21, 2009
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As stocks have surged over the past two-and-a-half months, the dollar has tumbled. And, according to Francois Trahan and ISI Group’s Portfolio Strategy Group, you can reap the benefits of both. On Barrons.com, Randall W. Forsyth writes that Trahan’s group says investors bullish on U.S. equities should buy stock in big, global companies that may [...]
Read moreThe Other Side: Bond Backers Remain Wary of Equities
May 21, 2009
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While many have joined the bullish camp in recent weeks, several top strategists remain much less enthusiastic about stocks, notes TheStreet.com’s Stan Luxenberg. Chief among the bears is Rob Arnott, of Research Affiliates and the PIMCO All Asset fund. Arnott, who recently published a paper saying that bonds — not stocks — have historically been [...]
Read moreTop Timing Newsletters All Bullish
May 21, 2009
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The seven most successful market-timing newsletters are all bullish, writes MarketWatch’s Mark Hulbert, who tracks investment newsletters’ performance at his Hulbert Financial Digest. Hulbert says he searched his database for newsletters that outperformed buy-and-hold strategies in the 2000-2002 bear market, the current bear market, and the bull market that occurred in between. He found that [...]
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