Salient to Investors: Warren Buffett says chapters 8 and 20 of “The Intelligent Investor” have been the bedrock of his investing for more than 60 years, and recommends investors reread them every time the market has been especially strong or weak. Read the full article at http://warrenbuffetinvestment.blogspot.com/2013/07/warren-buffet-favorite-book-intelligent.html Click here to receive free
READ MORE... →Salient to Investors: Jason Zweig writes: Good advice rarely changes, while markets change constantly. People need good advice, but want advice that sounds good. The advice that sounds the best in the short run is always the most dangerous in the long run. Everyone wants the magical low-risk, high-return investment
READ MORE... →Salient to Investors: Social-investment networks, which started appearing in the middle of the last decade, are attracting record interest, turning top performers into market stars for individual investors. The top traders – gurus – may have as many as 100,000 followers and 10,000 copiers, raising concerns among professional investors. Justin
READ MORE... →Salient to Investors: Only 3 emerging-market stock pickers avoided losing money in half1 by making prescient currency bets and buying companies insulated from economic swings and government interference. They recommend Philippine retailers, Chinese Internet companies and Indian drugmakers. Lewis Kaufman Thornburg Developing World Fund said there are many going wrong. Kaufman is overweight
READ MORE... →Salient to Investors: Jack Schwager writes: As long as no one cares about it, there is no trend. All markets look liquid during the bubble but illiquidity after the bubble ends matters more. Markets tend to overdiscount the uncertainty related to identified risks and underdiscount risks not yet identified. Low-quality
READ MORE... →Salient to Investors: IAEResearch writes: Warren Buffett will be gone soon but that does not imply that the company is in jeopardy because its strategy is more of a philosophy embedded firmly in value investing. Berkshire Hathaway has outperformed the S&P 500 by 10.3% on an annual compounded basis. To
READ MORE... →Salient to Investors: Tim McAleenan Jr. writes: It is rarely advisable to follow the investment decisions of others because they have different opportunity cost calculations than you, and may understand a company in a way that you do not. Buffett recently stated that he makes the decisions in any Berkshire
READ MORE... →Salient to Investors: Never put too much of your portfolio in a few investments, or in one country or industry. The employee with a significant chunk of his 401(k) in his employer’s stock, or gets his contribution matched in company stock, risks both job and retirement plans if a setback for
READ MORE... →Salient to Investors: Seth Masters at Bernstein Global Wealth Mgmt says: Bubbles today are driven by fear and investors’ desire for safety versus greed and recklessness in the past. Supposed safe havens of gold, bonds and dividend-paying stocks are dangerously overpriced. Over the past 5 years more than a trillion
READ MORE... →Salient to Investors: Students at more than 300 campuses, including the eight Ivy League schools, have joined fossil-fuel divestment activist group 350.org demanding that over the next 5 years universities purge their endowments of investments in 200 publicly traded companies with the largest reserves of oil, gas and coal. Scientists
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