Changing Shades of Blue
As of December 31, 2008, the top five holdings in Massachusetts Investors Trust, which this year celebrates the 85th anniversary of its founding, were the...
Sometimes heroes are not all they are cracked up to be. Consider the case of Richard Whitney, whom Time magazine labeled "Hero Whitney" for his...
Success, with Strings: Searching for Alpha, March 2009
What's the best way to play the eventual recovery? If you're Warren Buffett, the answer is (mostly) shunning common stock in favor of higher tiers of the capital structure.
MARK IT TO MARKET
Global equity markets lurch in waves of volatility. Banks are loathe to lend, withholding the lubricant that makes economies function. At the epicenter of the...
The Dow Jones: A Truly Unique Barometer
The Dow Jones Industrial Average was first published by Charles Dow in 1896 and followed the Dow Jones Transportation Average. A walk down memory lane reveals...
Riding The Rally In Natural Resources
Investors have suffered a double dose of bad news this year. As the U.S. economy slows under the weight of the weakened housing market, a...
The Wheat and the Chaff
Growth in the exchange traded fund market has been near exponential over the past two years, at least in the numbers of new ETFs hitting...
T.R. vs. J.P.
It would be called the Bankers' Panic, the Roosevelt Panic, or simply the Panic of 1907. A hundred years ago this month was the culmination...
Back to Basics
Exchange-traded funds don't lack for analysis, although precious little of it focuses on associated fundamentals like earnings growth and changes in book value relative to...
It's The Large Caps' Turn To Shine
The mutual funds that get talked about at cocktail parties are usually the small, singular sensations that deliver the sexiest returns. But the bulk of the money still resides in the big-stock funds that have been lagging behind small-company offerings for the past six years.