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Longleaf Funds Managers See Better Buys in Stocks

May 01, 2005

Longleaf Funds Managers See Better Buys in Stocks: Chet Currier

The Stock Spurners Society of value- minded investors is about to lose a prominent member.

For the first time in almost two years, managers at Southeastern Asset Management Inc. in Memphis, Tennessee, say they have lately spotted some interesting new possibilities in the stock market.

``Despite being a yawner in terms of performance, the (first) quarter closed with good news,'' say Mason Hawkins, chairman, and Staley Cates, president, in the latest quarterly report to shareholders of the Longleaf Partners mutual funds. ``We ended with new ideas for all three funds.''

Rating: 2.3/5 (3 votes)


Ula - 9 years ago
Really interesting website for an value-minded investor like me. Would like to have some exchanges with you from time to time. Thanks for the good work. Ula Hartner

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