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

Martin Whitman: "... the same value investment philosophy over and over and over again"

January 09, 2006 | About:

Dear fellow shareholders, for the past 15 years, we have written to you every quarter and discussed, in great detail, the same value investment philosophy over and over and over again. This is how Martin Whitman started his annual shareholder letter this year. He bought one new stock: Pfizer, stating The odds seem to favor relatively continual long-term growth for Big Pharma, in general, and Pfizer in particular, despite a clouded outlook for 2006, and maybe 2007. He added positions in his HongKong stock holdings

http://www.thirdavenuefunds.com/taf/documents/shareholderletters/aboutus-letters-05Q4.pdf


Rating: 3.8/5 (4 votes)

Comments

Please leave your comment:


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

User Generated Screeners


sarahgolliheroptions
pbarker46PEG
evseanLow Value Stock II
musselmantMODIFIED
sbeccuegf101-Industry
DANGORDONALL STOCKS 1-30-17
DANGORDONINFORMATION TECHNOLOGY 1-30-17
jpraschnikGreenblatt - Magic Formula
soho_analogBuy%20Back%20rate
pbarker46Shiller PE
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