January 30, 2009

Inside This Issue


Uncharted Waters

Gary Claar, JANA Partners; Bruce Berkowitz, Fairholme Capital; Zeke Ashton, Centaur Capital, David Herro, Oakmark Funds

Money managers Gary Claar, Bruce Berkowitz, David Herro and Zeke Ashton describe how their portfolios are positioned to weather the market storm, in what areas they’re finding fertile opportunities, and why they consider shares of Health Net, Pfizer, Credit Suisse and Laboratory Corp. of America to be particularly attractive in today's environment.

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High-Percentage Shots

Timothy Mullen, VNBTrust

Timothy Mullen of VNBTrust explains why the absence of catalysts makes him nervous, how he analyzes the many opportunities in distressed debt, how athletics helped prepare him for an investing career, and what he thinks the market is missing in First American, DirecTV, Kinder Morgan, Teekay Offshore and the debt of Momentive Performance.

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Strategy: Jeremy Grantham

Now that we’re in the middle of the global financial crisis he saw coming, what the sage market ...
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Uncovering Value: Software

Value investors pine for high-quality stocks at bargain prices. Do software firms currently fit that ...
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Editors’ Letter

Why a superstar investor altered a key aspect of his strategy; What we’ve learned about CEOs.
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Who's Behind VII?

John Heins, Co-Founder, Editor-in-Chief
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John Heins co-founded Value Investor Media, Inc. in 2004 and since then has served as its President and as the Editor-in-Chief of Value Investor Insight. In 2016 he took on an additional role as a Professor of Value Investing at the University of Alabama and is now the Director of the university's C.T. and Kelley Fitzpatrick Center for Value Investing.