Even the best companies are finding it hard to generate solid revenue growth these days.#-ad_banner-# The slow-growth economy means that the majority of companies in the S&P 500 are expected to boost… Read More

In the past few years, diversification may have seemed like a bad idea, especially when it comes to global investing. In just the past two years, the S&P 500 has risen a solid 40% while the… Read More

Imagine if you had bought these stocks 20 years ago. If you had, then right now you’d be earning dividend yields of… 27%… 33%… even as high as 40%. And that’s from brand-name companies like Procter & Gamble (NYSE: PG) and Lowe’s (NYSE: LOW). Read More

The stock market is one fickle beast.  Without rhyme or reason, investor sentiment can change direction like leaf being blown by a breeze. A company can be on top of the world one day with a soaring… 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

Why are shares of a huge, profitable energy company — which currently yields 6.5% — selling for the cheapest prices in a decade? There must be a catch. Well… yes and no. To begin with, the company is based in Germany. And since the Great Recession, the European Union has not recovered as well as U.S. markets. Demand for energy has declined. Bailouts in Greece and bank troubles in Spain have dominated headlines, driving share prices lower across the board. However,… Read More

Why are shares of a huge, profitable energy company — which currently yields 6.5% — selling for the cheapest prices in a decade? There must be a catch. Well… yes and no. To begin with, the company is based in Germany. And since the Great Recession, the European Union has not recovered as well as U.S. markets. Demand for energy has declined. Bailouts in Greece and bank troubles in Spain have dominated headlines, driving share prices lower across the board. However, there have been signs of a turnaround recently, and big-name investors have been snapping up bargains in Europe. In February, Warren Buffett‘s Berkshire Hathaway (NYSE: BRK) invested $1.9 billion in eight European stocks. Buffett said in a May interview with CNBC that Berkshire was continuing to invest in Europe.#-ad_banner-# In his typically understated fashion, Buffett said that Europe was still “going to be around.” With that reassurance in mind, let’s look at this bargain-priced European energy… Read More

Revenge can be so sweet, especially when it takes nearly a decade. It all started 10 years ago when Bill Ackman’s first hedge fund was imploding. Ackman reluctantly turned to fellow hedge fund manager Carl Icahn for help. 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

While other computer and smartphone makers have repeatedly suffered from price wars, Apple (Nasdaq: AAPL) always takes a different path. The consumer technology giant prefers to deliver the most advanced products at premium points. Such an approach can create a great user experience, but can… Read More