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Robert Olstein: There Is Still Much Value in the Market

September 25, 2012 | About:
Dheeraj Grover

Dheeraj Grover

Well-known value investor Robert Olstein of Olstein Funds was on Bloomberg to discuss the U.S. Stock market after the recent run up and where he is still finding value. He lines out the factors he is looking at while zeroing on his select investments.

-- Even after the recent run up there is still lot of value he is coming across.

-- No one can predict where the market will go in the short run and recommends focusing on fundamental value of businesses to find investments.

-- Where he is finding value: finding more value in large tech companies like Microsoft (MSFT), where you are getting 10% cash flow yield and he doesn't understand why people want to pay such high valuation for Amazon (AMZN).

-- Electronic traders will be gone in next three years.

-- Retail investor is entering the market now but most of that money is flowing in bond funds and that is where the trouble will be and losses will be incurred.

-- Stocks are much cheaper vs. bonds.

Source and Credit:, Bloomberg

Here is the video:

About the author:

Dheeraj Grover
I am an individual investor with deep interest in the field of value investing. My ideas and thinking is inspired by highly respected value investors like Ben Graham, Warren Buffett, Walter Schloss, Bill Ruane and Tweedy Browne

Rating: 3.5/5 (11 votes)


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