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

Robert Olstein: We like to buy bad news because it produces the right price

November 02, 2005 | About:

Robert A. Olstein, whose Olstein Financial Alert Fund (OFALX) outperformed the Standard & Poor's 500-stock index in eight of the past nine years, said he tries to avoid money-losing investments by buying stocks that have already collapsed.

Olstein added to his stake in Tribune Co., the second-largest U.S. newspaper publisher, in January as the stock slid to a 2 1/2-year low. The drop reflected a decline in advertising sales after the company admitted it had overstated circulation at its Newsday and Hoy newspapers in New York.

http://www.washingtonpost.com/wp-dyn/articles/A39151-2005Apr9.html?nav=rss_business/mutuals


Rating: 0.0/5 (0 votes)

Comments

Please leave your comment:


More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

User Generated Screeners


mvpfxshoot rog
James Libestf
James LiStrong Stocks 2017 version 2
James LiStrong Stocks 2017 version 1
pbarker46Shiller PE
pbarker46No losses for ten years
pbarker46BV growth
OGCAMGJames Li Screen1
OGCAMGJames Li screen
marco.forzanicheap in Uptrend
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