(Via The Guru Investor) Some stocks the Yacktmans like: News Corp, Viacom, Americredit, Coke, Pfizer and Conoco Phillips. Also see: The Yacktman Funds 2nd Quarter Report “Yacktman’s Gains Show They’re Not Just Creatures of Bear Market”, Bloomberg, May 20, 2009
That 9% minicorrection between June 2 and July 13 was nothing to worry about. Pullbacks are normal early in a recovery. I can find only one bull market, in 1935, that didn’t have some material indigestion within its first 12…
(Via The Guru Investor)
AFTER all the turmoil in the markets, after Bernard L. Madoff and a bunch of other financial scandals, investors may well be questioning whether they’ve chosen the right financial adviser. It may be someone you like and trust, but is it…
(Source: The New York Times – click on link for a larger graphic) It’s become a technological arms race, and what separates winners and losers is how fast they can move. – Joseph M. Mecane, NYSE Euronext, quoted in “Stock…
We are now in the early stages of a depression. The economic indicators we follow to track real economic activity are all signalling a slowdown of massive proportions. You wouldn’t know it reading the mainstream papers of course – they…
I used a fee-only financial planner to evaluate our portfolio of mutual funds using a Monte Carlo analysis tool to estimate how much we needed to save annually to hit our retirement “number.” I’ve been a premium Morningstar member for…
You have to own the banks. I don’t think the world is ending…. It’s 5 billion years away when the sun flames out. – Ron Insana on CNBC’s Mad Money, Friday July 10 Back in March 2006, longtime CNBC anchor…
“The economy is still deteriorating, job losses are still huge, I really don’t see where earnings will come from to drive valuations. Just because things are getting worse at a slower pace doesn’t mean they’re getting much better” – James…