In his latest column for Forbes, Kenneth Fisher recommends a number of classic investing books, and advises readers to learn all they can from them. Among the books Fisher touts are Benjamin Graham and David Dodd’s Security Analysis, and Roger Babson’s Business Barometers for Anticipating Conditions — which he thinks could increase 100-fold in value [...]
Read moreHow to Learn from History’s Best Investors
May 17, 2012
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In an interview with Wall Street Week’s Al Berkeley, Validea CEO and author of The Guru Investor John Reese discusses his guru-based investment approach. Reese also discusses some of the stocks that his Peter Lynch- and Warren Buffett-inspired strategies are high on right now (part 2 available to subscribers only). Among the picks: General Dynamics [...]
Read moreDoll: The Bull Isn’t Done Running
May 15, 2012
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While equity markets have struggled in recent weeks, Blackrock’s Bob Doll says it’s not the start of a bear market. “Although markets have been troubled in recent weeks, we do not believe investors should confuse the current situation with an ending to the bull market that has been in force since early 2009,” Doll writes [...]
Read moreBerkshire’s Buys & Buffett’s Wisdom
May 15, 2012
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Warren Buffett’s Berkshire Hathaway added at least two new positions to its portfolio in the first quarter, and increased stakes in several other holdings. Berkshire added a 10-million-share new position in General Motors to its portfolio during the quarter, as well as a new 1.6-million-share position in Viacom, according to CNBC. Based on the size [...]
Read moreGross: Austerity Won’t Work
May 15, 2012
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PIMCO’s Bill Gross says that what is needed to fix the European debt crisis is growth and budget discipline — not mere austerity. “No, that doesn’t work,” Gross says of the austerity approach in an interview with the Associated Press. “Eliminating a budget deficit won’t produce growth. It really requires a delicate combination of growth [...]
Read moreGuru Strategy Ratings: INTC Rising, STX Falling
May 15, 2012
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Each week, we take a look at which stocks John Reese’s 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 John’s strategies have upgraded or downgraded today.
Read moreEuropean Woes: Buying Opportunity or Cause for Concern?
May 15, 2012
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James Paulsen of Wells Capital says he thinks the latest European debt fears will, once again, prove to be a buying opportunity for investors. Paulsen also tells Bloomberg that declining mortgage rates and gas prices are providing a stimulus to the economy, which is doing better than expected. Lincoln Ellis of Strategic Financial Group offers a [...]
Read moreStocks for the Sporting Investor
May 11, 2012
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Top fund manager John W. Rogers Jr. says there’s money in sports — and the stocks of sports-related companies. “Sports is in the sweet spot of transformative technology and media that have made these pastimes even more ubiquitous and entertaining,” Rogers writes in his latest Forbes column. “And more lucrative.” Rogers says high-definition television is [...]
Read moreSiegel: ECB Will Devalue Euro
May 11, 2012
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Wharton Professor and author Jeremy Siegel says he thinks the European Central Bank will eventually devalue the Euro to stem the debt crisis in Europe. “My forecast is ultimately the ECB, in an attempt to save the union, will lower the euro,” Siegel says, according to Reuters. “We could see the euro going down to [...]
Read moreGreenblatt Finding Value in Tech, Retail
May 11, 2012
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Hedge fund guru Joel Greenblatt is finding value in the technology and retail sectors. Greenblatt tells CNBC that he’s high on tech firms like Apple and Microsoft, and retailers like Best Buy. He says some of the firms are facing headwinds, but that the headwinds are actually good, because they’ve lowered expectations and baked negative [...]
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