|
|
 |
 |
|
June 30, 2009 |
Featured Investors: Matthew McLennan and Abhay Deshpande, First Eagle Funds; Martin Whitman, Third Avenue Management; Gregory Taxin, Spotlight Capital; Carlo Cannell, Cannell Capital
Featured Investments: Astellas, Cintas, Convergys, Fanuc, Gold Fields, HRPT Properties Trust, Pargesa Holding, Stratasys, Zoltek |
|
 |
|
| INVESTOR INSIGHT |
| Abhay Deshpande, Matthew McLennan |
| Eveillard successors describe how "humility, flexibility and patience" drive their strategy, why rapid trading is a positive, why gold "in the dirt" can be less expensive, and why they think Fanuc, Cintas, Astellas and Pargesa are mispriced. |
|
|
|
 |
|
| INVESTOR INSIGHT |
| Martin Whitman |
| Value investing pioneer explains the ins and outs of troubled-company investing, what he's learned from the crisis, why he's critical of short sellers, and why he has such a large stake in Hong Kong-based holding companies. |
|
|
|
| STRATEGY: Activism |
| Spotlight Capital founder describes what's unique about his activist style and why he sees untapped value in HRPT Properties and Convergys.
|
|
|
| A FRESH LOOK |
| Carlo Cannell recounts how he managed the short idea he gave us a year ago and where he sees a similar opportunity for downside today. |
|
|
|
|
|
|
| EDITORS' LETTER |
| Feel perfectly free to bash efficient markets theory ... but don't get carried away. |
|
|
| OTHER COMPANIES IN THIS ISSUE |
| Bic, Cheung Kong Holdings, Chico’s, Deltic, Essilor, Forest City, GMAC, Groupe Bruxelles Lambert, Henderson Land, Lafarge, MBIA, Neopost, Nestlé, Plum Creek, Rayonier, Sanofi-Aventis, Sealy, Shimano, Total, Wharf Holdings, Wheelock |
|
|
|
|
|
|
|
|
|
|
