Kass on Ceilings and Floors

Columnist and money manager Doug Kass is standing by his earlier call that the S&P 500 has hit its high for the year, but says current conditions make for a “fertile environment” for stock-pickers and traders. “My guess is that the risk/reward has tilted slightly more positive based upon the strength of the domestic economy […]

Wien Still Bullish on China

While potential interest rate hikes in China have concerned investors, Byron Wien says he remains bullish on the country. Wien, the vice chairman of Blackstone Advisory Services, tells Yahoo! TechTicker that China has been successful in confronting every economic problem it has faced, and that its authoritarian government actually makes addressing economic problems easier than […]

Biggs: Economy Improving, Big Market Gains Could Be Coming

While many are fearful about the repercussions of the Irish debt crisis, hedge fund manager Barton Biggs says both the U.S. and global economies are improving. Biggs tells Bloomberg that he has about half his portfolio in emerging markets, mostly in Asia, and half in U.S. stocks. He also says that, “all things being equal”, […]

A Look Inside a Little-Known Fund Star

Dennis Delafield and Vincent Sellechia’s little-known Delafield Fund has beaten 99% of funds in its category over the past five and ten years, and the latest issue of Financial Planning magazine takes a look at how the two managers have fared so well. The fund allows Delafield and Sellechia to roam the entire market, regardless […]

Bogle: Focus on U.S. Equities, Not International Stocks

Vanguard founder Jack Bogle says stocks could double in the next decade, far outpacing bonds, but also says the global economy is in worse shape than many realize. “I expect stocks will have a dividend yield of about 2 percent, with stock price appreciation of maybe 6 percent from earnings growth,” Bogle recently told CNBC […]

Bolton Sees Multi-Year Bull; Favors Growth Stocks

Anthony Bolton, one of the U.K.’s top fund managers, says he thinks the bull market in equities has a ways to go, and says the bull is now in a phase in which growth stocks should fare well. “I think we are in a multi-year bull market,” Bolton told InvestorDaily, an Australian subsidiary of Morningstar. […]

Einhorn on Gold, Apple, and Lessons from the Crisis

Hedge fund guru David Einhorn says gold has the biggest position in his portfolio, due to concerns about the U.S.’s monetary and fiscal policies and questions about the currencies of other big nations. Einhorn tells WealthTrack’s Consuelo Mack that in the stock market, he’s finding more good opportunities on the short side than the long […]

Dreman: “Battered Investor Syndrome” Still Reigns

Contrarian guru David Dreman says investors are still suffering from “Battered Investor Syndrome”, avoiding stocks even as a myriad of good values present themselves. “Investors are battered,” Dreman tells Canada’s CTV News. “They are still very disenchanted. … A fair amount of our money is also flowing abroad,” he says, referring to the trend of […]

Junk Bond Guru Looking to Stocks

Top Fidelity junk-bond fund manager Mark Notkin is moving away from bonds and into stocks, saying that stocks are offering better values. Notkin’s fund can hold up to 20% of its assets in stocks, and had 17% in stocks at the end of the third quarter, Bloomberg reports. That’s up from 5% in April 2009. […]

Akre Looks to Bargain Retailers

Top value fund manager Chuck Akre says he’s holding the lowest level of cash in his new fund since it launched more than a year ago. Akre tells Bloomberg that he’s high on off-price retailers, in part because of his view that the U.S. consumer is constrained and won’t spend as freely as he or […]

Siegel: The Pessimists Are Wrong — Again

While some very positive economic signs have popped up in the past month, pessimism — and in many cases downright doom and gloom — continues to hover over the U.S. economy. But author and Wharton professor Jeremy Siegel says that the bears are off-base, and that those who say stocks are dead are repeating a […]

Buffett: Uncle Sam Came Through In The Clutch

There has been no shortage of critics when it comes to the government’s handling of the financial crisis that rocked the economy and stock market in late 2008. But the man many consider the world’s greatest investor is not among them. In an opinion piece for The New York Times, Buffett, writing to “Uncle Sam”, […]

Doll Focuses on Free Cash Flow; Says Bull Isn’t Over

Blackrock’s Bob Doll says he doesn’t think the cyclical bull market is over. “We’ve been so macro-focused I think we’ve lost sight of the fact that despite a weakish economic recovery, corporate America’s done a pretty good job,” he told CNBC. “Revenue growth is improving, earnings growth started improving before that … companies are raising […]

Do Value Investors Really Add Value? Yes, Study Says

Does value investing work? A recent study of Canadian equity markets indicates that it does. The study, “Do Value Investors Add Value?” is authored by George Athanassakos, the Ben Graham Chair in Value Investing at the The University of Western Ontario’s Richard Ivey School of Business. It examined equity returns in the Canadian markets from […]

Guru Strategy Rating Changes: Sears Rising, ARO Falling

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. Among the bigger-name movers: Sears Holdings, Prudential Financial, and Aeropostale.

Buffett’s Berkshire Makes Big Moves in Q3

Warren Buffett’s Berkshire Hathaway made several changes to its portfolio in the third quarter, cutting back or eliminating several positions while adding one new financial firm to its holdings. Berkshire eliminated its positions in Home Depot, Republic Services, Carmax, Iron Mountain, and NRG Energy, according to CNBC’s Alex Crippen. Meanwhile, it opened a new position […]

Sonders Optimistic, but Cautions on Emerging Markets

Charles Schwab’s Liz Ann Sonders remains optimistic on the economy and stock market, though she expects a near-term pull back — and says investors should be cautious about emerging market stocks. “We’ve been optimistic about the prospects for the market for some time and continue to believe the general trend of the equity market will […]

Grantham Says There’s Value in Cash

GMO’s Jeremy Grantham says that both bonds and stocks are overpriced, and that investors should have a substantial portion of their portfolios in cash, allowing them to take advantage when good opportunities do present themselves. “The Fed is driving the S&P [500], which is overpriced … driving it from already substantially overpriced into what I […]

Romick Looks to Inflation-Fighters

Top fund manager Steven Romick says that in the current environment, he’s focusing on companies that will be able to handle inflation well. “I’m investing in companies we feel can be protected against inflation, with pricing power that could rise as fast as their costs,” Romick says in an interview with BusinessWeek. He also talks […]