Our foremost belief is that over time stock price follows earnings growth.
January, 2012 Archive
Overweighting industrials, energy, and commodity stocks
The economy should slog ahead in 2012, slow but gaining slightly.
Our 2012 strategy: Yield, stability and staying nimble
Owning MREITs will always require nimble management by the investor, and that’s our charge as a portfolio manager.
What we're looking for in 2012
We need to see positive momentum in economic reports for both consumer and business spending.
It's a challenging environment for Workout opportunities
The spread on risk arbitrage opportunities seemed to shrink over 2011, and tender offer opportunities became scarce.
Dealing with volatility in my Buy & Hold model
I will try to reduce the portfolio turnover and trading frequency in this model in 2012 by staying focused on longer-term performance.
All my strategy factors remain bearish heading into 2012
Protection of assets is critical in a situation like this.
Looking for reasonably priced Chinese ADRs - and possibly McDonald's
Investors are always dealing with a murky future, but I must say that things are far more murky than usual.
Pfizer, Apollo Group and Cintas: Rising, yet still not fully valued
Meanwhile, Sprint could be mortally wounded - so we have it on a short leash.
Expecting Frontier Communications and these REITs to outperform
It looks like the start of 2012 is going to be as volatile as 2011, with unresolved European issues, expanding U.S debt and presidential elections.