1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
CanadianValue
CanadianValue
Articles (4624) 

Loews Tisch Is Bullish About the Hotel Industry

January 09, 2013 | About:

There are value investors like Bill Ackman or Bruce Berkowitz who run hedge funds or mutual funds that we follow closely. And then there are value investors (and sometimes families) that we follow who run publicly traded companies.

That list would include Buffett at Berkshire, Gayner at Markel, the boys at Leucadia and the Tisch Family at Loews (NYSE:L).

This morning Jonathon Tisch spoke to Bloomberg and made the following comments:

- Loews is expanding as they are bullish about the hotel industry and tourism.

- He understands that the consumer market is still fairly weak, but Loews is focused on iconic properties and markets that are still strong

- Thinks that New York is ready to host the Super Bowl next year despite the impact of hurricane Sandy.



About the author:

CanadianValue
http://valueinvestorcanada.blogspot.com/

Rating: 3.0/5 (4 votes)

Comments

Please leave your comment:


GuruFocus has detected 3 Warning Signs with Loews Corp $L.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

Performances of the stocks mentioned by CanadianValue


User Generated Screeners


Roger SteraWalter Schloss Screen2
Roger SteraPeter Lynch Screen
wwygeraGrowth Stocks
pbarker46Financial strength
song.chenghuaNet Net 2
song.chenghuaNet Net
Roger SteraGrowth stock
alexbernal0Euclidian2
alexbernal0Euclidian
alexbernal0insiderOwners2
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK