Warren Buffett’s Berkshire Hathaway invested almost $24 billion in the third quarter, the most it has invested in 15 years, Bloomberg reports. Interestingly, Berkshire’s investments went well beyond the consumer…
Einhorn Likes Gold Miners, CBS, GM
Hedge fund guru David Einhorn remains high on gold, and is now making a bullish bet on gold miners as well. “During the quarter we exchanged a portion of our…
Doll Thinks "Period of Greatest Risk" Has Passed
Blackrock’s Bob Doll says that it looks like odds of the European debt crisis being resolved are increasing, and that the danger to the stock market is abating. “The debt…
Birinyi Cautious, But Still a Bull
Laszlo Birinyi says he thinks we’re still in a long-term bull market, but he’s being a bit more cautious these days. Birinyi also tells Bloomberg that he thinks the S&P…
Economy Now Hinges on Psychology, Gabelli Says
Mario Gabelli says that the fundamentals of the economy indicate the U.S. will avoid recession, but says that psychology of consumers and businesses is the “wild card” in determining just…
Nygren on a "Once-in-a-Generation" Opportunity
Top value fund manager Bill Nygren says that investors should stop paying attention to every zig and zag the stock market makes, and instead take advantage of a “once-in-a-generation opportunity”…
Hulbert: "New Era" of Higher Correlations a Fallacy
At various points over the last few years, market analysts and pundits have echoed the popular belief that the world of the stock market has fundamentally changed, causing stocks to…
Akre Likes Discounters
Top value investor Chuck Akre has built on his excellent long-term track record this year, and now he’s high on discount retailers and at least one cell phone tower company.…
Guru Strategy Rating Changes: CVX Rising, DB Falling
Each week, we take a look at which stocks John Reese’s Validea.com Guru Strategy computer models have newfound interest in, and which they have soured on. Here’s a look at some of the…
Look Beyond Europe News, Sonders Says
Charles Schwab’s Liz Ann Sonders — whose calls on the start and end of the “Great Recession” proved quite accurate — warns against hyperfocusing on Greece’s debt problems. “Even the…