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 […]