Jeremy Grantham, manager of the $100 billion investment firm GMO, believes analysts’ 2009 earnings estimates are “vastly overstated”, writes Forbes James M. Clash. “Grantham says S&P 500 earnings could easily…
Dreman: Now Is One of Greatest Buying Opportunities of Your Life
In Forbes new “2009 Investment Guide” issue, contrarian specialist David Dreman says that now is the time to buy stocks. “Do not flee the market by selling your quality stocks,”…
PIMCO's Gross: Stocks Cheap -- According to Old Standards
Bill Gross, managing director of investment manager PIMCO, says stocks are selling at very low historical levels — but only if looked at “in the context of a financed-based economy…
Bogle on Buy-and-Hold Bashers, Recession, and The Bounce
In an interview with the Associated Press, John Bogle says he expects the current recession will last longer than many think, perhaps as long as two years. But despite that…
Buffett, Berkshire Navigating Subprime Better than Many
While many have criticized Warren Buffett’s recent Goldman Sachs stock buy (Goldman shares have tumbled since Buffett bought $5 billion in preferred stock on Sept. 23), Bloomberg’s Ari Levy reports…
Siegel Answers Critics: Yes, Stocks Really Are Cheap
Jeremy Siegel isn’t backing down from his contention that stocks are “dirt cheap”. While his recent comments about the market being undervalued have led to criticism, Siegel writes in Yahoo!…
Icahn: Some Stocks, Senior Debt Offer "Great Opportunity"
Renowned corporate-raider-turned-sharholder-activist Carl Icahn tells Barron’s that there are great buying opportunities in this market, particularly in stocks and senior corporate debt. Icahn talks about the problems with corporate management…
Buffett to Disclose More on Derivatives; Tilson Ups Berkshire Stake
Warren Buffett says he will give more information on Berkshire Hathaway’s much discussed derivative bets in the company’s end-of-year-report, Reuters is reporting. The derivatives contracts call for the firm to…
Hulbert: Small-Cap Value Stocks May Be Ripe for Impressive Gains
Small-cap value stocks are risky but they also historically produce jaw-dropping gains at the begining of bull markets, Mark Hulbert writes in the New York Times. Referencing academic research performed…
Schwab CIO: Bounce Will Be Big -- Don't Miss It
Jeff Mortimer, chief investment officer of Charles Schwab’s mutual fund division, tells Fortune that the coming turnaround in the stock market will be a big one, and that investors should…