|New Threads Only:|
|New Threads & Replies:|
Forum List » Guru News and Commentaries|
Guru News, Stock picks and commentaries
Dodge & Cox 2011 Equity Review
Posted by: Holly LaFon (IP Logged)
Date: January 17, 2012 10:53AM
Ken Olivier, Chairman and CEO of Dodge & Cox, with two of his associates, review their performance in 2011 in equities, as well as look forward and talk about the opportunities they are seeing now.
Dodge & Cox underperformed in 2011, they believe because of an aversion to risk due largely to the European situation, which drove down the prices of tech stocks and other economically sensitive cyclical names, and they were overweight in those areas. However, they think the economic situation has also created opportunities to buy attractive names that will do well in the longer term.
Specific stocks they mention are Hewlett-Packard (HPQ) and Pfizer (PFE).
Guru Discussed: Dodge & Cox: Current Portfolio, Stock Picks
Stocks Discussed: HPQ, PFE,
Disclaimers: GuruFocus.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The gurus may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.