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
Canadian Value
Canadian Value
Articles (4624) 

Why Royce Funds' Jay Kaplan Avoids REITS And MLPs

June 28, 2013 | About:

The managers of the Royce Funds are specialists in investing in small-cap stocks.

In the video below Royce's Jay Kaplan explains why volatility in the market doesn't bother him, instead he welcomes it.

Kaplan says not to panic on days when the market is dropping, but rather to use those days to buy shares of high quality companies on sale.

Kaplan also discusses his preference for avoiding Real Estate Investment Trusts and MLPs which investors have bid up in search of yield. Kaplan doesn't like the leverage that these entities carry nor their reliance on capital market funding.

Watch the latest video atvideo.foxbusiness.com

About the author:

Canadian Value

Rating: 2.0/5 (4 votes)


Please leave your comment:

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 Canadian Value

User Generated Screeners

pbarker46High short
Taekgyun Kopbr
pbarker46PB, E10 & Hist. PB
Bear03Margin of Safety 20%+
kmadnani1 Simpler Option Daily Pop
pbarker46Hist. Shiller PE
pbarker46Hist. PB
gmConsumer Electronics
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)