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…
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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 —…