Rogers: Let Greece Fail

Commodities guru Jim Rogers says that Europe should let Greece default on its debt, and that the U.S. Federal Reserve needs to stop printing money, or else risk creating another serious financial crisis. Rogers tells Bloomberg that history shows the longer one delays dealing with a debt crisis, the more trouble it creates. He opposes […]

The Danger of The Greece/Lehman Comparisons

While many are worrying that a Greece debt default will rock the stock market and financial world the way the Lehman Brothers collapse did  in 2008, Mark Hulbert says there are several examples of sovereign debt crises that didn’t lead to long-term market woes or deep global crises. “Prior to Greece’s recent difficulties, there have […]

Nygren, Herro Get Contrarian

While the rest of the investment world seems to be shunning Japanese stocks and large-cap stocks, two top fund managers — Oakmark’s David Herro and Bill Nygren — say that’s where they are finding value. “We’re fully confident that our Japanese stocks will become a positive at some point for the fund — who knows […]

Arnott: Look to Alternative Investments to Battle Inflation

Saying that a “3-D Hurricane” — debt, deficits, and demographics — is lingering on the horizon for the U.S., Rob Arnott is taking several steps to prepare his portfolio for an inflationary climate. Arnott tells MarketWatch.com that the U.S. budget deficit is worse than many think, if you include entitlement program costs like Medicare, Medicaid, […]

Siegel: Market Still Cheap — Very Cheap

Wharton Professor and author Jeremy Siegel says stocks are more attractively priced than they’ve ever been during ultra-low interest rate periods, and says investors looking for yield should turn to high-dividend-paying stocks. Price-to-earnings ratios around the world are reasonable and the quality of earnings is extraordinarily high, Siegel said at a Canadian Imperial Bank of […]

Akre: Focus on Pricing Power

Top value fund manager Chuck Akre says that amid an uncertain economic environment and with inflation looming as a possible issue, companies with pricing power are attractive investments. “At the end of the day it turned out that the best investments to own in the ’70s [when inflation at times raged] were businesses that have […]

Fisher: Stocks Less Risky Than Bonds Over Long Haul

Ken Fisher says that, over the long term, stocks are a safer bet than bonds — if you have a time horizon of three years or longer. “If we think of next month, the likelihood is stocks are riskier than bonds are. If we think of 10 years, stocks are almost always less risky than […]

Bolton Remains Confident in China

While his China-focused fund has struggled in its first year, top U.K. fund manager Anthony Bolton says he’s sticking to his general approach — with some modifications — and continues to think Chinese stocks are packed with potential. “I am pretty confident in the general approach,” Bolton tells The Telegraph. “I said before the fund […]

Graham’s Strategy Still Producing Excellent Returns

In his latest “Number Cruncher” column for Canada’s Globe and Mail, John Heinzl takes a look at Validea’s Benjamin Graham-inspired stock-picking model, which has continued to produce stellar results some 60-plus years after Graham detailed it in his classic book, The Intelligent Investor. “Graham used a conservative, risk-averse approach that focused as much on preserving […]

Icahn Worried, But Finding Opportunities

Hedge fund guru Carl Icahn sees serious threats to the equity market on the horizon, namely inflation and the eventual end of the Federal Reserve’s lax monetary policy. “Our country has been enjoying cheap commodities and finished products from Asia but as the middle class continues to grow in Asia, there will be competition for […]

Doll: We’re Early in the Expansion

Blackrock Chief Equity Strategist Bob Doll says recent weak economic reports indicate the U.S. is in a slowdown, but he thinks it’s temporary, and that things will improve in the second half of the year. Doll tells WealthTrack’s Consuelo Mack that we’re in a cyclical bull market, and the early stages of the economic expansion. […]

Oberweis Sees Strong Tech Stock Wave

Newsletter guru Jim Oberweis says he’s finding a lot of attractive tech stocks in the market right now. Oberweis tells Forbes that tech stocks — which he says were selling at “absurdly low” valuations in 2008 — have appreciated over the past few years, but only in amounts that are in line with earnings gains. […]

Nygren Looks for Growth and Value

Value and growth investing are often looked at as polar opposites. But while discussing some of his holdings with Money Magazine, top fund manager Bill Nygren shows how both value and growth can have a place in an investor’s portfolio. Nygren “sees plenty of opportunities now,” notes Money’s Laura Lallos. Many of them are in […]

Shiller Growing Worried About Another Recession

Yale Economist and housing guru Robert Shiller says the economy is at a “tipping point” right now, and thinks there’s a “substantial probability” that we’ll see another recession in the next year. “I think the standard forecasting models would say no,” he tells The Wall Street Journal. “But we’re seeing a decline in confidence, we’re […]

Rogers Talks Moats

In his latest column for Forbes, top fund manager John Rogers looks at the notion of economic “moats”, and how investors can profit from companies that have them. Rogers looks the wisdom of two great value investors — Warren Buffett and Charles Munger of Berkshire Hathaway — as it pertains to moats. Buffett, he says, […]

Why Herro Doesn’t Like EM Stocks

David Herro, one of Morningstar’s Fund Managers of the Decade, says he expects emerging market economies to continue to thrive. But he’s not high on their stocks. “Money has flooded into these areas, thereby making stocks in emerging markets relatively less attractive than those of developed markets,” Herro said on Bloomberg Television. “The growth story […]

Sonders: Long-Term Optimism Not Dented

Charles Schwab Chief Investment Strategist Liz Ann Sonders says she thinks the recent economic slowdown doesn’t signal the coming of another recession, and says she remains optimistic on stocks and the economy over the longer term. “We remain of the view that this slowdown is a soft patch, not a sign of an impending second […]

Low Expectations, High Returns

In his latest article for Canada’s Globe and Mail, Validea CEO John Reese discusses the role that expectations have in the stock market, and in the tendency for value stocks to outperform flashier growth plays.    Comparing hot growth stocks to big summer blockbuster movies, Reese writes, “If you’re like me, you’ve probably had the […]

Leuthold Sees “Significant” Rally; Focuses Overseas

Steven Leuthold says he thinks the market has hit its high point for the year, but he also says it’s no time to sell, as he thinks we’re nearing a significant rally. Leuthold tells Bloomberg that he thinks the S&P 500 is “very close to median valuations levels”, and that he’s probably going to soon […]

Berkowitz on Ignoring the Crowd

In a wide-ranging three-part interview with Morningstar’s Don Phillips, top value investor Bruce Berkowitz discusses several aspects of his investment approach, including the willingness to go against the crowd and the decision to run a focused portfolio smaller than those of many other mutual funds. “At the end of the day, investing is about one […]

Birinyi Still a Big Bull

Bullish strategist Laszlo Birinyi, who has said he expects the S&P 500 to rise to 2,100 over the next several years, isn’t deterred by the market’s recent day-to-day movements. “We’re not going to get terribly concerned about the day-to-day squiggles,” Birinyi told MarketWatch. “One thing that has kept us in this market is that the […]