While there is still quite of bit of pessimism and talk of gloom and doom swirling around the market and the economy, Barclays head of asset allocation Tim Bond is sounding positively sunny. “History provides abundant evidence that the deeper the recession, the stronger the bounce. Even the recovery from the Great Depression conformed to […]
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Archive | July, 2009
Swensen on Why Individual Investors Will Always Be at a Disadvantage
July 30, 2009 
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WealthTrack has released some previously unaired parts of Consuelo Mack’s May interview with Yale Chief Investment Officer David Swensen. In the clip below, Swensen discusses a variety of topics, including why he thinks some corporate bonds are a good bet for professional investors but not a good bet for individuals; why individuals will always have […]
Read moreWhere Do We Go from Here? Sonders, Yardeni & Others Weigh In
July 30, 2009 0 Comments
With the market continuing to surge, SmartMoney.com recently surveyed a number of top strategists to see just how much room they think stocks have to run, and found a good deal of optimism that was tempered by caution. Among the strategists: Charles Schwab Chief Investment Strategist Liz Ann Sonders; Yardeni Research President Ed Yardeni; and […]
Read moreGross on GDP, the “New Normal”, and Why Watching Fees Is More Important than Ever
July 29, 2009 1 Comment
In his August Investment Outlook on PIMCO’s web site, bond guru Bill Gross talks about two key — and interrelated — issues: whether the government will be able to “reflate” the economy to match past longer-term GDP growth figures, and why avoiding the big fees most investment advisors and funds charge is so crucial today […]
Read moreGuru Rating Changes: Coach on the Rise, Intel Takes a Hit
July 29, 2009 0 Comments
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 gainers is upscale retailer Coach, Inc., while the downgrades include chip-making giant […]
Read moreTop Strategists Talk “Buy-and-Hold”
July 28, 2009 0 Comments
The Financial Times recently interviewed several top strategists about the viability of “buy-and-hold” investing, and found that some are espousing more of a “buy-cheap-and-hold” approach. “In a challenge to the received wisdom of holding stock market investments for 20 years or more, to smooth out short-term volatility, some suggest that measures of cheapness can be […]
Read moreWhy Jeremy Grantham Is Bored with this Market
July 28, 2009 2 Comments
Just a few months after he said that equities were undervalued for the first time in two decades, Jeremy Grantham now says the broader market is again overvalued — though he sees substantial opportunities in certain areas of the market. In the GMO chief’s second-quarter letter, Grantham says that a year ago, stocks were overpriced, […]
Read morePabrai on Buffett, and the Current Market
July 27, 2009 0 Comments
Fund manager and author Mohnish Pabrai — a Warren Buffett disciple who a couple years ago paid $650,000 in a charity auction for the right to have lunch with “The Oracle of Omaha” — tells Fox Business News about what he’s learned from Buffett, and how he’s profiting from the rebound. The segment also includes […]
Read moreDreman Strategy Making Big Comeback
July 24, 2009 1 Comment
Every other issue of The Validea Hot List newsletter examines in detail one of John Reese’s computerized Guru Strategies. This week’s issue looks at the David Dreman-inspired Contrarian Investor strategy, which is up more than 25% this year and more than 40% in the past three months. Below is an excerpt from the newsletter along […]
Read moreBouncing Back Strong, Miller Now High on Tech, Financials
July 22, 2009 0 Comments
Bill Miller — who beat the market for a remarkable 15 straight years before struggling the last three — is bouncing back strong this year, with his Legg Mason Value Trust fund up almost 20% in 2009. Now, he says that bargains “abound” in the U.S. market, and that technology and financial stocks will lead […]
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