Top fund manager David Herro says the European debt crisis doesn’t mean investors should avoid European financials. In fact, he says the fear surrounding the crisis has created several bargains…
Category: Behavioral Finance
The Lynch Strategy: Still Beating the Market Two Decades after Magellan
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 Peter Lynch-inspired strategy, which has averaged annual…
Herro: Great Time to Be a Bottom-Up Investor
While it seems that all of the investment world is fretting over Europe’s debt woes, top fund manager David Herro of Oakmark is seeing a big opportunity. “As we all…
Berkshire's Buys & Buffett's Wisdom
Warren Buffett’s Berkshire Hathaway added at least two new positions to its portfolio in the first quarter, and increased stakes in several other holdings. Berkshire added a 10-million-share new position…
Why Short-Term Market Timing Is Futile
In a recent piece for The Motley Fool, Morgan Housel offers some interesting data on why trying to time the market is so dangerous. “There have been about 21,000 trading…
Grantham on Incredibly Irrational Markets
In his latest quarterly letter, GMO’s Jeremy Grantham offers some very interesting data on the disconnect between the stock market on one hand, and the economy and “fair value” of…
Tilson on "Panicked Headline Investing"
In a recent interview with CNBC, Whitney Tilson talked about why his firm likes to invest in firms that are the subject of “panicked headline investing”. Tilson says that “we…
Herro on the Bond/Stock See-Saw
Oakmark’s David Herro, a Morningstar Fund Manager of the Decade, says that while investors have been loading into bonds in recent years, he’s beginning to see a shift back toward…
Reese on Buffett's "Buy-and-Hope-It-Languishes" Approach
In his latest column for Forbes.com, Validea CEO John Reese explains why Warren Buffett sometimes hopes his stocks languish — and why you should too. “If you are investing in…
Hulbert: Data Shows Correction Should Be Mild
MarketWatch’s Mark Hulbert says he doesn’t think the market is headed for another 10%+ April correction. “Might the stock market be embarking on a 10% or more correction, just as…