Be Nimble in this Market, Mauldin Says

John Mauldin, one of the few strategists who saw last year’s market meltdown coming, now says that he thinks the current environment calls for “nimble” investing. Mauldin tells Yahoo! TechTicker that he thinks investors can be traders or “ride the wave” in the current market, but adds, “I don’t think you want to buy something and plan to hold it for five years.” Mauldin is concerned about a double-dip recession, which he says would send… Read More

Bolton Likes Value Stocks, Techs, Financials

Earlier this month we highlighted U.K. mutual fund guru Anthony Bolton’s call about a multi-year bull market being in the works, with developing nations leading the way. Today, speaking at a conference in Korea, Bolton expanded a bit on those comments, saying that he doesn’t think we’ll see a double-dip global recession. “We are in a very strong recovery phase,” Bolton said, according to the Korea Times. “Next year, it will lose steam, but it… Read More

Fisher’s Price/Sales Approach Still a Winner

Every other issue of The Validea Hot List newsletter examines in detail one of John Reese’s computerized Guru Strategies. This latest issue looks at the Kenneth Fisher-inspired Price/Sales Investor strategy, which has produced annualized returns of more than 13% since its inception more than six years ago, a period in which the S&P 500 has gained just 1.5% per year. Below is an excerpt from the newsletter along with several top-scoring stock ideas based on… Read More

Buffett Says Worst Is Over for Economy

Warren Buffett says that, while the near-term may not be easy sailing, the low point of the economic downturn has passed, The Wall Street Journal reports. Buffett, who made his comments at a gathering of payments industry executives, said that “enormous” progress has been made in the past year. The Journal also reports that Buffett was more cautious regarding unemployment rates, however. He said companies must be convinced that demand exists before hiring, which may… Read More

Tilson Sees Surge in Defaults, Market Downturn

Whitney Tilson, the columnist and money manager who called the housing crash, is now betting on another downturn in the stock market. Tilson, of T2 Partners, tells CNBC that “we’ve doubled our short book from 30% to 60% and we’ve trimmed our long book from 120%to about 90%.” His favorite short area: homebuilders. Tilson, who has been warning that investors should cut back and be more defensive for a couple months now, says he thinks… Read More

Greenblatt Says It’s All about Discipline

Often times, investors get the idea that beating the market requires complicated strategies, whether in the form of complex mathematical formulas or highly technical timing mechanisms. Others assume that an investor needs to have some sort of specialized, inside knowledge or God-given natural ability to produce strong returns over the long run. In 2005, however, Joel Greenblatt showed the investment world that all of those assumptions are wrong. In his Little Book that Beats the… Read More

Shiller: Market Overvalued, but that Doesn’t Mean You Should Dump Stocks

Yale economist Robert Shiller, who called both the Internet and housing busts, says that he doesn’t see another era of “irrational exuberance” occurring anytime soon. But that doesn’t mean he’s not concerned about both the stock market and housing market. “Given the economic situation, I’m worried about the stock market — both of them, stock and housing market,” Shiller tells Yahoo! TechTicker. “These booms we’re seeing now can’t be trusted to continue.” Shiller says the… Read More

A “U” Recovery Probable & More Writedowns to Come, Says Forester

Tom Forester, whose Forester Value fund is one of the top performers in its class over the past 3, 5, and 10 years, says he thinks the recession is over, but that a “U” shaped recovery is more likely than a “V”. “While our focus is on fundamentals, we leave room for the unexpected from those more creative than us,” Forester writes in his third-quarter commentary. “We expect a ‘U’ but leave room for a… Read More

Siegel: Recession Over & Stocks Attractive, but Unemployment to Stay High

Wharton professor and author Jeremy Siegel says that the U.S. recession is over and that it’s a good time for investors to be putting money in the stock market — but also says that it will take some time before the nation’s unemployment rate comes down significantly. “We are on the mend. I don’t think another shoe is going to drop,” Siegel said in an interview, the Wisconsin State Journal reports. He says the economy… Read More