| Investing with the 'stars' |
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In his The Street Authority Market Advisor he suggests, "These money managers are at the pinnacle of their craft." Here, he takes a look at these "celebrities" and some of their current top stock holdings. "These money managers have all amassed prodigious gains over the years for their shareholders. "Over the past few months, these gurus have come out with ringing endorsements for certain stocks. This isn't empty talk -- they are putting their money where their mouth is. "Thanks to regulatory filings, interviews and shareholder reports, we can look over their shoulders and see where these elite investors are currently finding the most promising opportunities. "Bruce Berkowitz is the lead manager of the Fairholme Fund, which has delivered a cumulative gain of 150% since inception 9 years ago. By comparison, the S&P 500 has backtracked -28% over the same time frame. "When asked recently to name the one key metric that he uses to evaluate investments, Berkowitz didn't hesitate to say 'it's all about the amount of cash a company generates that can be passed to owners in relationship to the price.' "Lately, he has plowed more than 50% of his fund's assets into health-care (particularly big pharma), aerospace and defense. "His rationale is that there is ultimately nothing more important than the health and well-being of our families, and defense and health-care spending eat up a large percentage of the federal budget. "Bill Nygren is lead portfolio manager of the Oakmark Fund, which has racked up double-digit annualized gains for the past 18 years. Nygren is confident that, over time, undervalued stock prices will always rise to reflect the value of the underlying company. "Today, it earns more than twice that much and there are fewer shares outstanding, yet they trade at less than one-third the price. In addition, Microsoft has over $20 billion in cash and offers a yield above the 10-year Treasury. "There's a good reason why Charlie Dreifus was just selected Morningstar's 'Domestic Stock Fund Manager of the Year.' He captured that prestigious award by losing less than -20% in a year when many other small-cap stock funds lost more than -40%. "Dreifus is drawn to cash-rich companies that are trading for less than liquidation value. And he fishes in the micro/small-cap waters, where such bargains are more plentiful. "Mario Gabelli is yet another Buffett disciple whose value roots can be traced back to Ben Graham. He employs many of the same research-driven tactics -- from dissecting a company's filings to interviewing its managers. "Since the inception of his flagship Gabelli Value Fund in 1989, this approach has quadrupled a $10,000 investment into more than $45,000 today (or roughly $80,000 before this selloff.) "And thanks to a recent Barron's Roundtable discussion, we know exactly what his sights are set on now. "Because consumers are holding off on new vehicle purchases right now, auto parts distributors like O'Reilly Automotive (NASDAQ: ORLY) are looking interesting. "Elsewhere, he likes Dr. Pepper Snapple Group (NYSE: DPS), which churns out frothy cash flows and could be a buyout candidate. "Maine & Maritimes (NYSE: MAM) is another favorite. The electricity transmission/distribution company stands to benefit from investments in green power, and a new line carrying wind-generated electricity to the New England power grid will put a charge in earnings." |
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| Dividend Still Don't Lie |
Dividends Don't Lie -- by IQ Trends founder Geraldine Weiss -- is one of the all-time great investment books. Now, editor Kelley Wright is following up this classic with Dividend Still Don't Lie, which can be pre-ordered at a significant discount. |
| Rhino Stocks: Free webinar |
| Jonas Elmerraji, editor of the Rhino Stock Report has released a 29-minute webinar, Planning Your Entries and Exits With Technical Analysis. It is available free with site registration. Click here. |
| Free report from Ken Kam |
Ken Kam of Marketocracy has just published a free report outlining his 2010 strategy. To view "The New Rules for Investing", click here. |
| Meet Gordon Pape in Toronto |
Gordon Pape, editor of The Internet Walth Builder, will be speaking at the Fairmont Royal York Hotel Toronto on February 13 and 14. Click here for details. |
| Keith Fitz-Gerald: Fiscal Hangover |
Get a $10 discount on Keith's new book on global investing -- Fiscal Hangover. Click here. |
| Delfeld: Red, White & Bold |
Global expert Carl Delfeld's new book -- Red, White & Bold -- is now available. |
| Meet the KCI editors |
Join Roger Conrad, Gregg Early, Elliott Gue, Yiannis Mostrous, and Benjamin Shepherd at the Hotel del Coronado for the 2010 KCI Wealth Society Member Summit. Call 1-800-832-2330 (between 9:00 a.m. and 5:00 p.m. EST Monday through Friday) or go to www.InvestingSummit.com. |
| Toby Smith goes "green" |
Toby Smith, editor of ChangeWave Investing, has just published his new book on investing in green technology -- Billion Dollar Green. |
| An expert's guide to China |
Check out Becoming Your Own China Stock Guru, a new book by China expert Jim Trippon -- editor of The China Stock Digest. To order the book, click here. |
| EconoPower: New from Skousen |
Mark Skousen's latest book, “EconoPower: How a New Generation of Economists is Transforming the World” (Wiley & Sons), is available for $16.47 (plus shipping) from Amazon.com (retail $24.95). |
| Guide to seasonal trading |
Sy Harding, editor of Street Smart Report, has just published Beat the Market the Easy Way -- an in-depth review of seasonal market patterns and their application to long-term timing. |
| Dick Davis Dividend |
In The Dick Davis Dividend, the investing legend shares a lifetime of insights on investing. |