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Buffett Author Robert Hagstrom Says to Buy Stocks Prior to Resolution of the Fiscal Cliff

November 26, 2012 | About:
Specific ideas from Hagstrom:

- Likes the big caps with diversified revenue streams and solid dividends.

- Examples would be United Technologies (NYSE:UTX), Coca-Cola (NYSE:KO), Johnson and Johnson (NYSE:JNJ).

- Large cap stocks will easily beat the bond market.

- Expects this low interest rate environment to continue for quite some time to come.

- He thinks exposure to anything in Southeast Asia is a good idea because growth in that region will continue to be strong for years to come.

- Thinks that Buffett is being quite vocal about the attractiveness of equities right now because valuations dictate it.

About the author:


Rating: 2.6/5 (9 votes)


Mla - 3 years ago
Take a look at Hagstrom's long-term performance (LMGTX)
Vuasu - 3 years ago
The fund has a 1.9% annual fee and horrible performance ytd, 1, 5, 10, 15-year time!!

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