My Favorite Funds

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May 02, 2006
First a quick note on my favorite stock, Scientific Games (symbol (SGMS). The instant-ticket lottery specialist is up 5% on moderate volume to another all-time high. It reports earnings on Thursday. The last two times it reported, the stock sold off more than a dollar before recovering. Once again, I think you might get a better entry point after the Thursday report.


Two readers asked me if Berkshire Hathaway (BRK.A) and other financials were buys right now. With Berkshire, my answer is a resounding yes. The stock is significantly undervalued, and I will be buying more for some clients this week ahead of the weekend festivities in Omaha. (My money manager brother Ken will be making his annual pilgrimage. He hasn't missed a meeting in more than ten years. I plan to go again next year.)

http://blog.kiplinger.com/blog/archives/2006/05/my_favorite_fun.html