Traders were pleasantly surprised by the Federal Reserve’s decision to continue buying $85 billion worth of bonds a month. Stocks, bonds and gold moved up on the news, but the effect was short-lived as stocks and gold… Read More

Warren Buffett is synonymous with value investing and investment success. Buffett has consistently delivered profits to his investors in Berkshire Hathaway (NYSE: BRK) for almost 60 years.  Now, Buffett is… Read More

For more than 40 years, George Soros delivered an average annual return of about 20% to the investors in his hedge fund. At that rate of return, a $10,000 investment when the… Read More

Stocks have been strong heading into the Federal Reserve’s quarterly press conference. They are now back to levels reached in May, before speculation about tapering picked up. This week, we will… Read More

Carl Icahn recently battled Michael Dell in during his bid to take Dell (Nasdaq: DELL) private, and although Michael Dell won, Icahn still made $70 million in six months. Icahn is famous for investments like this where he takes an active role in trying… Read More

Known as an activist investor, David Einhorn is actually a methodical value investor with a long-term track record of success. He started his hedge fund, Greenlight Capital, in 1996 with… Read More

Last week’s gains in the stock market highlight the increasing bullishness of traders. But one little-known indicator shows this market looks surprisingly like 2007. However, because longer-term indicators show economic… Read More

Successful value investors often work in relative obscurity, delivering steady, market-beating returns over decades. Jeremy Grantham is an investor that has been following a value approach to the markets since at least 1977, when he co-founded global investment management firm GMO. Over the years, GMO has grown to manage more than $100 billion in assets but is still relatively unknown. Grantham applies a classic Graham and Dodd value approach to the markets. Benjamin Graham and David Dodd wrote the original textbook on value investing, Security Analysis,… Read More

Successful value investors often work in relative obscurity, delivering steady, market-beating returns over decades. Jeremy Grantham is an investor that has been following a value approach to the markets since at least 1977, when he co-founded global investment management firm GMO. Over the years, GMO has grown to manage more than $100 billion in assets but is still relatively unknown. Grantham applies a classic Graham and Dodd value approach to the markets. Benjamin Graham and David Dodd wrote the original textbook on value investing, Security Analysis, in the 1930s. Warren Buffett would later study under Graham. And while countless investors have read the original and revised editions of Security Analysis, only a few have mastered the concepts. The very best value investors, a group that includes Buffett and Grantham, add a unique perspective to their study. In the case of Grantham, his success is at least partly due to his ability to spot bubbles. He may know more about bubbles than any other investor. In a recent letter to investors, Grantham wrote,… Read More

Today’s essay is a little different than you’re used to. I’m not going to talk about any specific investment. Nor am I going to tell you about a stock that I think is about to take off. Frankly,… Read More

This week, my Maximum Profit system flashed a cautionary signal, one I think all investors need to know about. Right now, the stock market faces an unusual amount of… Read More