European Shorting
Number of Stocks: 115
Number of New Stocks: 13
Total Value: $569 Mil
Q/Q Turnover: 12%
Robert Olstein has been successfully added into your Personalized Guru List.
Robert Olstein has been removed from your Personalized Guru List.
Robert Olstein has been successfully added into Guru Email Alerts list.
Robert Olstein has been removed from Guru Email Alerts list.
Robert Olstein, manager of the Olstein Funds, bought eight new stocks in the fourth quarter for his Olstein All-Cap Value Fund, the largest positions of which are: Ross Stores (ROST), Charles River Laboratories International (CRL) and Vishay Intertechnology (VSH). 
This is an article about Robert Olstein, manager at the Olstein Funds. Mr. Olstein has an accounting background. He tries to discuss how to read shareholder letters and financial reports. IS the stock market making you queasy? Even with the market’s September surge, the losses, stress, and turmoil of the last lost decade provide plenty of reasons to stay on the sidelines. Continue Reading » Robert Olstein of the Olstein Finacial Alert Fund reported his Q2 portfolio. These are the details of buys and sells. In bankruptcy situations, liquidity value plays more of a role in valuation. In business as usual situations, the on-going concern valuation dominates the intrinsic value of a firm. As far as Investment Guru Robert Olstein is concerned, discount of future free cash flow is all that matters when it comes to determine how much one should pay for a company. This is the topic of a New Yortks article by Gretchen Morgenson entitled “[urkl=http://www.parsintl.com/20118.pdf]Why All Earnings Are not Equal[/url]”.Earnings are what investors focus on, but because these figures include noncash items, based on management estimates, the bottom line may not tell the whole story. Continue Reading »
Robert Olstein of the Olstein Funds searches for companies that can generate sustainable free cash flow, and how much of that cash is available to investors and the level of ongoing investment required to maintain and grow that cash flow. Robert Olstein owns 86 stocks with a total value of $542 million. These are the details of the buys and sells.
Robert Olstein, chairman of Olstein Capital Management LP, talks with Bloomberg's Margaret Brennan about his investing strategy and the "Volcker rule" under which commercial banks would be prohibited from owning hedge funds and limited in how much they could trade for their own accounts. Olstein also discusses his stock picks and the need for market regulation.
Robert Olstein, of Olstein All Cap Value Fund made some comments on Bloomberg television this week. He stated that he is skeptical on bank stocks, but is interested in those companies that are deleveraging or talking about deleveraging. He has been a buyer of ABB Ltd (ticker: ABB), Harman International Industries Inc (ticker: HAR), PetSmart, Inc (ticker: PETM), Steris Corporation (ticker: STE), Sealed Air Corp (ticker: SEE) and Becton, Dickinson and Co (ticker: BDX) which are highlighted below. (GuruFocus, November 25, 2009) Investment Guru Robert Olstein made a few wrong bets in 2007 and 2008. Businessweek magazine had a good write-up on his experience. According to the article, in the last six months of 2007 through the first half of 2008, he loaded up financial and technology stocks when they got beaten down. He had the stroke of genius of selling AIG in late 2007 when he saw a $40 billion of toxic mortgage related assets on the book. But he made a dreadful mistake in keeping adding on Citigroup (C). (GuruFocus, October 13, 2009) Investment Guru Robert Olstein had an interview with Fox Business News. YTD his fund is up 30%, beating the S&P 500 by about 10%. Corporate turnarounds are among the most intriguing of investment opportunities: They offer both the potential of market-beating performance and the satisfaction thatcomes with backing an underdog and then seeing it prevail—of finding value where others did not.
Feedback
My Portfolios
Browse Gurus
Bookmark
Add to Personalized Guru List
Email Alerts
RSS Update
RSS