Tilson on “Points of Maximum Pessimism”, and Buffett Bashers

In a column for The Financial Times, fund manager Whitney Tilson says that, while he’s no optimist about the U.S. economy’s short-term prospects, he does “believe the level of panic that has overtaken the market has created buying opportunities for investors who can see light at the end of the very dark tunnel.” Tilson indicates […]

Consumer Stocks Still Kickin’

Continuing its look at what has and hasn’t been working in the market of late, Bespoke Investment Group says today on Seeking Alpha that the consumer staples and healthcare sectors have had the best relative strengths versus the S&P 500 over the past 12 months. That’s not surprising, Bespoke says, given those sectors’  reputations as […]

Harvard’s Porter: Stimulus Should Be More than Short-Term Boost

Famed strategy expert Michael Porter of Harvard Business School shares his view on America’s overall economic strategy on CNBC. Since the election, he says, we are off to a good start and President-elect Obama and America have gained “a lot of goodwill” internationally. However, Porter questions whether the probable stimulus package will go to efforts […]

Hussman: Market Undervalued, But Rally Won’t Last

John P. Hussman, Ph.D., president of Hussman Investment Trust, thinks the market is “undervalued” and guesses “that the general tenor of the market may remain tepidly positive for a few more weeks”. But, he warns we may “ultimately observe another frightening leg down in the first part of next year –- possibly to re-test the […]

Five Top Managers Are Buying — Cautiously

Noticing a trend that we’ve picked up on in recent weeks, Fortune notes that several extreme value investors have begun to see good, safe buys in the current market. In an interview with the magazine, top fund managers Robert Rodriguez, Susan Byrne, Jeremy Grantham, Tom Forester, and Leslie Christian all tell Fortune that they’re seeing […]

Romney, Schmidt, Fiorina on The Crisis

David Gregory’s tenure on NBC’s “Meet The Press” got off to a particularly interesting start over the weekend, with former Massachusetts Gov. Mitt Romney, former Hewlett-Packard CEO  Carly Fiorina, Google CEO Eric Schmidt, and Wal-Mart CEO Lee Scott among those discussing the economic crisis. The consensus among the panelists was that the U.S. government needs […]

Turnaround Guru Calls for More Help for Mortgage Owners

John Bogle (“Help for Mortgage Holders Is What We Need”) isn’t the only influential voice saying that the government needs to focus more on mortgage owners if it wants to restore order to the economy. In Fortune’s 2009 investment preview, Wilbur Ross says that “homeowners have now lost $5 trillion, and 12 million families have […]

Institutional Ownership Driving Momentum?

Another investment idea that piggy backs off of Bespoke Investment Group’s great research. Bespoke broke down the S&P 500 into groups of 50 based on levels of institutional ownership, and looked at the performance of those groups since the November 20th market low. What they discovered was that those stocks with the highest amount of […]

A Growing Chorus of Bulls

In this week’s Validea Hot List newsletter, Validea CEO John Reese writes that “more and more of the world’s most successful investors — including many who correctly believed that the market was overvalued before its recent crash — are saying that stocks are now good values”. Among them are Jeremy Grantham, David Dreman, Jeremy Siegel, […]