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Go To Page: 1 2 3 4 5 6 7 8 9 10 NEXT >> LAST (Total: 22 Pages) John Hussman (Buys Sells HoldingsIndustry Weightings) John Hussman Weekly Market Comment June-29-2009 As of last week, the Market Climate for stocks remained characterized by modest overvaluation and mixed market action. Our best estimate remains that the S&P 500 is currently priced to deliver 10-year total returns in the area of about 7.8% annually. That's not a terrible expected return, particularly relative to the yields presently available on bonds, but my impression is that expected long-term returns here come with a great deal of shorter-term risk in the intervening months, quarters and even years. On a very short-term basis, the market may benefit from favorable end-of-month and pre-holiday seasonality this week, but we wouldn't speculate on that basis. Beyond that, I expect that over the course of the coming quarters, we will observe fresh economic difficulties, and eventually prices that fully reflect those difficulties and also assume their permanence. More... Carl Icahn, Michael Price (Buys Sells HoldingsIndustry Weightings) Carl Icahn, others lose Steel Partners challenge June-21-2009 At GuruFocus we track the stock holdings of Investment Gurus. As hard as we work to do a good job, we have a few built-in short falls. One of the areas is on private equity investments the Investment Gurus made. There are simply no data reported so we can keep track of. More... John Hussman (Buys Sells HoldingsIndustry Weightings) Long-Horizon Risk Aversion Creates Headwinds June-21-2009 No question about it, the stock market has enjoyed a nice rebound from deeply oversold conditions, amounting to a recovery of just under 1/3 of losses that the market suffered from its 2007 peak. This has been accompanied, until recent weeks, by an easing in risk aversion from what, in hindsight, could be called “fear lows” (though not necessarily the “revulsion lows”) of this downturn. More... Bruce Berkowitz (Buys Sells HoldingsIndustry Weightings) Morningstar: Bruce Berkowitz Videos June-17-2009 John Hussman (Buys Sells HoldingsIndustry Weightings) John Hussman Weekly Market Comment June-14-2009 The Outlook is Not Up, But Very Widely Sideways More... John Hussman (Buys Sells HoldingsIndustry Weightings) Hussman Weekly Market Comment: We are fully hedged June-8-2009 As of last week, the Market Climate for stocks was characterized by modest overvaluation (except on earnings-based measures that assume a quick return to 2007 record profit margins) and a modest deterioration in already tepid market action, but sufficient to put us on alert. The Strategic Growth Fund is fully hedged here – invested in a broad range of individual stocks, with an offsetting short sale of equal size in the S&P 500, Russell 2000 and Nasdaq 100 indices. More... George Soros (Buys Sells HoldingsIndustry Weightings) George Soros's Latest View on The Market June-7-2009 According to this article from Reuters, these are the most recent views of George Soros on the global stock market and the influence of China: More... Robert Rodriguez (Buys Sells HoldingsIndustry Weightings) Reflections and Outrage: Robert Rodriguez Speech on Morningstar Conference June-1-2009 Invest Guru, Robert Rodriguez spoke on May 29 on a recent Money Managers Conference organized by Morningstar. Thanks columnist Todd Sullivan for pointing to the source for Rodriguez’s transcript. More... John Hussman (Buys Sells HoldingsIndustry Weightings) John Hussman Weekly Market Comment June-1-2009 As of last week, the Market Climate for stocks was characterized by modestly unfavorable valuations and enough deterioration in (already tepid) price-volume action to place us on the defensive against potentially abrupt weakness. The Strategic Growth Fund does continue to carry just under 1% of assets in index call options as something of an “anti-hedge” to soften our defenses in response to any further market strength that might emerge, but our primary concern here is defending capital. Though the recent advance has not produced strong price-volume behavior on our measures, we've clearly observed much improvement since the lows, and I expect that this will make it much easier to recruit sufficiently favorable price-volume behavior in the months ahead. The ideal situation would be to observe a significant decline back toward the 700-800 area, which might provide a more durable base for subsequent strength. In any event, I expect that the market may remain in a very wide 25-35% trading range for some time – not just a few months. As I've noted before, a 1/3 retracement of the decline since the 2007 peak would represent a move to about 975, which is possible, but again, we would More... Steve Mandel (Buys Sells HoldingsIndustry Weightings) Lone Pine's Mandel bullish on Strayer Education May-28-2009 Mandel's Lone Pine Capital, one of the largest U.S. hedge fund firms, expects Strayer Education Inc (STRA.O), a for-profit company operating colleges for working adults, to expand eight-fold over the next decade. More... David Einhorn (Buys Sells HoldingsIndustry Weightings) Einhorn calls AAA rating a curse, shorts Moody's May-28-2009 SAN FRANCISCO (MarketWatch) -- David Einhorn, head of hedge-fund firm Greenlight Capital, called AAA credit ratings a curse and said he is betting against rating agency Moody's, during a speech at a closely watched investment conference on Wednesday. More... John Hussman (Buys Sells HoldingsIndustry Weightings) Hussman Weekly Market Comment May-26-2009 Straight to the chase – our measures of market internals have somewhat unexpectedly broken down in recent sessions, partly as a result of hostile interest rate action, as well as reversals in a number of sensitive measures of "distribution" (largely driven by price-volume behavior) in an environment where overall price-volume behavior was already tepid. Breadth as measured by advances versus declines is still the clear bright spot in the market's action. More... Robert Rodriguez (Buys Sells HoldingsIndustry Weightings) Bob Rodriguez Commentary: We have a new word for it, “repression.” May-25-2009 There is little question that this is the worst economic contraction since the Great Depression. It is worse than a recession but not as bad as the Great Depression. We have a new word for it, “repression.” This is not a typical recession and, therefore we do not believe that the economy will respond to normal economic policy stimulus. We expressed the likelihood of this view in September 2007 when we said that normal Fed policy actions would likely prove ineffectual in dealing with the expanding crisis. Most economists were not of this opinion. More... David Dreman (Buys Sells HoldingsIndustry Weightings) David Dreman: Let's Hoard Crude Oil May-24-2009 My idea is that we accumulate useful resources, such as crude for our strategic oil reserve. This would create new jobs, halt a deflationary spiral and give us some protection against the next international oil crisis. If the government isn't going to buy oil, you can do so yourself by purchasing oil producers. More... Wallace Weitz (Buys Sells HoldingsIndustry Weightings) Wallace Weitz: Volatility in Market Could Last for Years, Can Benefit Careful Investors May-22-2009 Weitz said his company was too heavy on financial stocks when troubles caught up with financial institutions like major banks and Fannie Mae and Freddie Mac. Weitz & Co. suffered some losses as it began unloading those investments in the first half of 2008, Weitz said. More... Laszlo Birinyi (Buys Sells HoldingsIndustry Weightings) Birinyi Says S&P 500 May Surge 88% in Three Years May-21-2009 May 20 (Bloomberg) -- U.S. stocks are at the start of a bull market that may spur an 88 percent advance in the Standard & Poor’s 500 Index in the next two or three years, Laszlo Birinyi said. More... HOTCHKIS (Buys Sells HoldingsIndustry Weightings) In-Depth Look - The Helm Of High Yields May-20-2009 Interview and discussion with Raymond Kennedy of the Hotchkis & Wiley Capital Management. He discusses the risk involve in the high yield recently. (Bloomberg News) More... Martin Whitman (Buys Sells HoldingsIndustry Weightings) Marty Whitman Shareholder Letter: approximately 39% of the portfolio is in Hongkong May-19-2009 Management reluctantly sold the Fund’s positions in Hutchison Whampoa Common, St. Joe Common and Suncor Common. The sales of MGIC Common and Radian Common reflect a view that both companies may be suffering permanent impairments, as the U.S. housing market continues to deteriorate. Datascope Common was sold in a take-over transaction at a profit. More... Warren Buffett (Buys Sells HoldingsIndustry Weightings) Michael Lewis Takes on Warren Buffett May-19-2009 There has been a heated discussion on this website on Michael Lewis's two articles on Warren Buffett, not all that positive. One is a sort of book review of Alice Schroeder's book on Warren Buffett (The Snowball: Warren Buffett and the Business of Life); the second is from the ancient 1992 on Warren Buffett's investment in Solomon Brothers. More... Go To Page: 1 2 3 4 5 6 7 8 9 10 NEXT >> LAST (Total: 22 Pages) If you like this page, you will love Our Premium Membership, Take a Free Trial. User Notes, Comments, and Questions Add Notes, Comments or Ask Questions »4 months ago, by Commodity
A hot hand gone cold. Add Notes, Comments or Ask Questions »4 months ago, by Isiah
Did anyone know which "Chinese Company" Pabrai current hold as referred in his new annual letter? Cheers ManFromShanghai Add Notes, Comments or Ask Questions: If you like this page, you will love Our Premium Membership, Take a Free Trial.
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