Slow is fast for John Rogers
, manager of the Ariel Fund. In a recent interview, he said that he is "extraordinarily comfortable" with the stock market at these levels. John's investment philosophy centers around buying small and medium-sized companies whose share prices are undervalued. He calculates what the private market value would be on such companies and buys those trading at a significant discounts to his figures.
buys Viacom Inc., Lazard Ltd, Morgan Stanley, Apollo Group Inc., Myriad Pharmaceuticals Inc., Advanced Photonix Inc, American Reprographics Company, Forward Industries Inc., Tom Online Inc. Ads, Edgewater Technology Inc., sells Pitney Bowes Inc., American Express Company during the 3-months ended 09/30/2009, according to the most recent filings of his investment company, ARIEL CAPITAL MANAGEMENT LLC. John Rogers
owns 98 stocks with a total value of $4.5 billion. These are the details of the buys and sells. Continue Reading »