While several prominent bears have turned bullish lately, there is by no means a consensus that we’re on the verge of a turnaround. Take Jim Rogers, the international investor and…
Category: Market Valuation
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…
Muhlenkamp: Plenty of "Cadillacs" Selling on the Cheap
Ronald Muhlenkamp, who has headed Muhlenkamp & Company for more than 30 years, tells Forbes that “we’re seeing great companies at dirt cheap prices. And one thing I’ve learned ……
Fisher: Stocks Cheap, Focus on "Other Side of The Valley"
What will the turnaround look like? According to Kenneth Fisher, Forbes columnist and CEO of Fisher Investments, it won’t be a long, drawn-out process. In a speech given at the…
After Getting It Right On Way Down, Ned Davis Now Turning Bullish
Ned Davis Research — one of the few investment companies that called for clients to move away from stocks well before the recent crash — is now calling for clients…
Berkowitz: We're in a "Bargain Hunter's Dream"
Fairholme fund manager Bruce Berkowitz — who has weathered the recent market storm with much better results than many of his value peers — tells Kiplinger’s that the recent market…
Steinhardt: "Good Cyclical Time" to Buy
Michael Steinhardt, the well regarded manager of the Steinhardt Partners hedge fund (which closed down in 1995), believes that now is a “good cyclical time to invest in equities”. Speaking…
Ritholtz: Significant Rally "Waiting To Happen"
Barry Ritholtz of The Big Picture financial blog — a recent bear who saw the credit crisis coming — tells Barron’s that “there is a significant rally, 20% or 30%,…
CFA Panelists: Economic Bears, Stock Market Bulls
The CFA Institute held its Global Financial Crisis Roundtable Thursday, with institutional expert Theodore Aronson, Goldman Sachs’ Abby Joseph Cohen, bond expert Martin Fridson, and economist Jason Trennert speaking in…
Legg Mason Managers: Depression Unlikely, But Concerns Remain
Top managers from Legg Mason, including Chuck Royce, Hersh Cohen and Isaac Souede, think that stocks are priced for a depression but that a depression is unlikely (Souede thinks there…