…make him a market timer of sorts? Morningstar’s John Coumarianos offers some interesting thoughts on that question, focusing his answer on the difference between value investors, like Buffett, and market…
Search Results for: value
Stocks "Reasonably Cheap" for First Time Since 1980s, Says Grantham
…is known as the “curse of the value manager”. Essentially, he says, value managers are paid to buy cheap assets (and so they hang onto or add to their holdings…
Tilson, Heins See Upside
In Kiplinger’s Discovering Value column, Whitney Tilson and John Heins say there are two silver linings that have emerged from the market turmoil. The first is that the unprecedented market…
Painful Stretch Even for The Greats
…* Warren Buffett (Berkshire Hathaway): -43% * Ken Heebner (CMG Focus Fund) -56% * Harry Lange (Fidelity Magellan): -59% * Bill Miller (Legg Mason Value Trust) -50% * Ken Griffin…
Are Investors Suffering from "Irrational Pessimism"?
Marty Whitman, who’s been in the investment management business for 50 years and manages the Third Avenue Value fund, tells The Wall Street Journal that fear — not fundamentals —…