Key Lessons From The Gurus

In an interview with, Validea CEO John Reese discusses which of his “Guru Strategies” has performed best over the long haul, and some of the key lessons he’s learned in implementing his models, which are based on the approaches of some of history’s greatest investors. “The models still continue to work” years — and […]

Bogle: Think Long Term — Very Long Term

Legendary Vanguard founder Jack Bogle says he’s cautious heading into 2012, and that investors need to take a long-term perspective. “With the economy, I’m cautious,” Bogle recently told the Associated Press (a tip of the cap to NPR for highlighting the interview). “I don’t expect a boom in consumer spending over the next two or […]

Grantham’s GMO Not As Gloomy On Stocks As You Think

While Jeremy Grantham’s GMO has been gloomy about the outlook on stocks, the firm’s head of asset allocation says there are also good opportunities in the market right now. “We think there is money to be made,” Ben Inker tells The Boston Globe. “There’s plenty of stuff to be worried about. [But] there’s actually a […]

Buffett-Style Tech Picks

Could Warren Buffett be on the lookout for more tech stocks? That’s a question that Validea CEO John Reese examines in a recent article for Canada’s Globe and Mail. “Not long ago, that question would have seemed foolish. Warren Buffett avoided investing in technology companies, saying that the nature of their businesses did not allow […]

Nygren: Don’t Chase Bond Performance; Buy Stocks

Top fund manager Bill Nygren says that the best thing investors can do in 2012 is buy more stocks. “The best idea for 2012 is for investors to increase their equity exposure and decrease bond exposure,” Nygren tells CNBC. “We think stocks are cheap.” He says he thinks it’s a mistake for investors to chase […]

Stattman High on Oil Firms, “Nibbling” at Bank Stocks

Blackrock’s Dennis Stattman, whose Global Allocation Institutional fund has been one of the better performing funds in its class over the past five and ten years, says he’s keying on companies that are based in developed markets but have exposure to the strong growth in emerging markets. Stattman also tells Bloomberg that he takes a […]

Top Manager Getting Less Defensive

Top mid-cap fund manager Jonathan Simon says he’s adding some risk to his portfolio heading into 2012, and is high on some regional banking stocks. Simon tells CNBC that he is particularly concerned with a company’s free cash flow, and how it uses that cash. “They have to have a very disciplined approach to capital […]

Ritholtz on Individual Investors’ Greatest Enemies

Barry Ritholtz of The Big Picture blog and FusionIQ says investors need to know who they are up against when managing their portfolios — and says that to find perhaps the greatest enemy, you don’t have to look far. Writing a guest piece for John Mauldin’s “Thoughts from the Frontline” newsletter, Ritholtz says the first […]

Siegel Sees Historic Buying Opportunity

Wharton professor and Stocks for the Long Run author Jeremy Siegel says stocks are as cheap as they’ve been since the early 1950s, when the interest-rate climate is taken into consideration. Siegel tells CNBC he doesn’t think that Europe’s debt crisis will lead to a Lehman Brothers-type event. He says he “loves dividend-paying stocks”, and […]

Is The Market Undervalued Or Overvalued?

The stock market may either be significantly overvalued, or it may be selling near historically low levels — it all depends on whom you’re talking to and what valuation metric they’re using. And in his latest column for Canada’s Globe and Mail, Validea CEO John Reese says that means investors shouldn’t rely on one single […]

Mobius Sees Euro Crisis Ending Mid-2012

Templeton Asset Management’s Mark Mobius says the European debt crisis isn’t as bad as many believe, and he expects it to be resolved in mid-2012. “The European crisis isn’t as deep and terrible as people think,” Mobius told the Brazilian newspaper Valor Economico, according to “Nations there are in a process of negotiations and […]

Paulsen: Invest While Afraid

Wells Capital’s Jim Paulsen says that investors can feel free to worry about Europe’s debt crisis, but that it shouldn’t stop them from owning stocks. Paulsen tells Yahoo! Finance’s Breakout that the European fears are overshadowing a “pretty convincing reacceleration story in the U.S. economy.” He thinks that if Europe’s economy flat-lines, it would be […]

Doll: Focus on Dividends and Free Cash Flow

Blackrock’s Bob Doll says investors should focus on firms that pay strong dividends — but make sure that the firms have the free cash flows to raise their dividends. “Dividends work if the company raises the dividends. It’s about free cash flow, not the dividend” itself, Doll tells CNBC. “In a world that we muddle […]

Gross: Low Rates May Be Obstructing Recovery

Could central banks’ near-zero interest rate policies actually be hampering growth rather than stimulating it? PIMCO’s Bill Gross says that may well be the case. In an op-ed piece for the Financial Times, Gross says that “Historically, central banks have comfortably relied on a model which dictates that lower and lower yields will stimulate aggregate […]

Top Forecaster Sees Market Gains Over Next Six Months

Sam Eisenstadt, who has a solid long-term track record of market calls, expects stocks to rise about 10% over the next six months but lose strength later in the year. Eisenstadt is the former research director at Value Line, Inc. When he retired in 2009, Value Line’s flagship publication was in first place for risk-adjusted […]

Forester Defensive But Still Finding Value

Tom Forester, who has a stellar long-term track record and headed the only long-oriented stock fund to post a positive return in 2008, is again playing defense. But that doesn’t mean he’s shunning stocks — Forester still has about 80% of his fund in stocks. “If you just stay in money markets, you might miss […]

Sonders Sees U.S. Stocks Outperforming in 2012

Charles Schwab’s Liz Ann Sonders, whose economic predictions have been very accurate over the past several years, says she expects the U.S. to continue to slowly grow in 2012 and the stock market to revert to a more normal environment. Sonders tells MarketWatch she thinks volatility and correlations will decline in the coming year, which […]

Fisher: Overlooked Indicator Shows Recession Unlikely

Kenneth Fisher says the U.S. isn’t headed for a recession, and a big reason for his confidence is one you might not expect: iron ore prices. “Particularly in recent years, iron ore prices have tracked the economy well — more than most commodities because, thanks to the lack of exchange-traded spot and future prices, there’s […]

Paulson On How To Fix Europe

John Paulson, the hedge fund manager who made a killing by shorting U.S. real estate before the bubble burst a few years ago, says the European Central Bank needs to create a “firewall” to address Europe’s current problems. “Last week’s statement from European leaders should go a long way toward fiscal consolidation, a necessary step […]

Rogers: Buying Bonds A “Terrible Mistake”

Jim Rogers says bonds are in a bubble, and that investors should own hard assets because of the Federal Reserve’s massive quantitative easing efforts — which he says are continuing. “I am not short bonds yet but I plan to be short bonds,” Rogers tells FOX Business Network. “My view is buying U.S. government bonds […]

What Bolton Likes In China

Top U.K. fund manager Anthony Bolton thinks that China’s economy is better than many realize, and is particularly high on the country’s consumption and services sectors. “We have been through an extraordinarily volatile year but I believe that when the dust settles and things calm down, investors will focus on relative growth rates they can […]