Free 7-day Trial
All Articles and Columns »

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:


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)
Free 7-day Trial
FEEDBACK
Hide