The latest issue of Columbia Business School’s Graham & Doddsville newsletter features interviews with three top investors, Leon Cooperman, Mario Gabelli, and Marty Whitman. (Tip of the cap to GuruFocus.com for highlighting the newsletter, which can be downloaded via this link.) In the wide-ranging interviews, Cooperman, Gabelli, and Whitman talk extensively about their own career [...]
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Tag Archives: Marty Whitman
Whitman Finding Lots of Bargains
November 1, 2010
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Top value manager Marty Whitman says he’s finding a lot of U.S. stocks trading at attractive values right now, particularly in the high-tech arena. “We have a three-pronged approach to our investments in common stocks,” Whitman tells Barron’s in a recent interview. “One, we want the company to have a super strong financial position. Two, [...]
Read moreWhitman on the Importance of the Balance Sheet
March 11, 2010
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Value investing legend Marty Whitman was one of those to speak at the recent Columbia Investment Management Conference, and The Manual of Ideas blog offered a good summary of Whitman’s comments (which came during a discussion with Columbia’s Bruce Greenwald). “At several points in the discussion with Prof. Greenwald, Mr. Whitman came back to a [...]
Read moreBuffett, Whitman, Grantham & Others Weigh In
October 26, 2009
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Kiplinger’s recently asked six top strategists to give their take on investing and where the markets are headed from here. A sampling of the responses: Warren Buffett: While he says he has no idea where stocks will head in the short term, Buffett says that “over a ten-year period you will do considerably better owning [...]
Read moreThe Contrarians’ Revenge?
May 11, 2009
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MarketWatch recently had an interesting piece on contrarian investment strategies, highlighting the fact that many of the contrarian managers who were hit hard last year are now netting some strong bounce-back gains. “As the market has bounced back in recent weeks, [several] contrarian-style funds, with their bargain-minded ways, have been outperforming,” writes MarketWatch’s Sam Mamudi, [...]
Read moreWhitman on The Importance of Credit Worthiness, and Why He’s Buying Stocks Now
April 14, 2009
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Marty Whitman, the illustrious Third Avenue Funds founder, tells Steve Forbes that he is seeing great opportunities in distressed debt and the equity markets, and is particularly bullish on Hong Kong blue chips. “From the top down, from the macro view, things could not suck more than they do suck,” Whitman said. “[But] from a [...]
Read moreWhitman Finding Bargains through Graham & Dodd, with a Twist
March 31, 2009
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The Financial Post of Canada takes an interesting look today at the Benjamin-Graham-esque approach that longtime market-beater Marty Whitman uses to pick value stocks. According to The Post’s Levi Folk, Whitman’s strategy is based on the “net-net” approach that Graham and David Dodd laid out in their 1934 classic Security Analysis. (Net-nets are firms whose [...]
Read moreAre Investors Suffering from “Irrational Pessimism”?
November 18, 2008
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Marty Whitman, who’s been in the investment management business for 50 years and manages the Third Avenue Value fund, tells The Wall Street Journal that fear — not fundamentals — is driving this market. Whitman sees fantastic opportunities in high-yield bonds and in stocks of companies with strong balance sheets that don’t require access to [...]
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