Stocks are on track for a pretty average year. But Kenneth Fisher says to expect a well above average second half. (more…)
Hawkins & Cates: M&A Limiting Value Opportunities
Top fund managers O. Mason Hawkins and G. Staley Cates say a rise in merger & acquisition activity has made it harder to find attractive value stocks. But they remain…
Nygren: This Is Why Investors (Mistakenly) Think Valuations Are Dangerous
Top fund manager Bill Nygren says that valuations don’t look bad in the stock market, and in his second-quarter letter he offers a few reasons why investors are mistakenly viewing…
Leuthold Looks To Inflation Hedges
Strategist Steven Leuthold thinks inflation fears are likely to hit sometime in the coming year, and he is positioning his portfolio with some inflation hedging investments. Leuthold tells WealthTrack’s Consuelo…
Arnott Talks Indexing, And Why Wall Street Hates Math
In an interview with Bloomberg View’s Barry Ritholtz, Research Affiliates’ Rob Arnott recently talked about the fundamental indexing approach that he pioneered. (more…)
Don't Tinker!
Take a good stock-picking strategy and tweak it a bit to make it better — many investors do just that, and it sounds like a good idea, right? Nope, writes…
Sonders: There's a Bubble Alright ... in Bubble Talk
Charles Schwab Chief Investment Strategist Liz Ann Sonders says she sees a bubble in the stock market — but it’s not the bubble you’re thinking of. (more…)
Warren Pieces: Franchises vs. Businesses
A periodic look through the archives of the greatest investor in history In Berkshire Hathaway’s 1991 Letter to Shareholders, Warren Buffett talked about the differences between “franchises” and “businesses”. Below…
Bonds Push Stattman Toward Cash
Top fund manager Dennis Stattman is holding about 20% of his portfolio in cash. But unlike bubble-wary investors, he’s holding cash because of the bond market, not the stock market.…
Think Like a Contrarian with the Dreman Strategy
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 David Dreman-inspired strategy, which has…