Money and Finance
When stocks stagger, focus on the basics - Oak Value Fund
Trying to find underpriced jewels and then holding on to them is the strategy of thousands of mutual funds. Among them is the 14-year-old Oak Value Fund. True to the value mantra, its managers partly follow Buffett's lead — his Berkshire Hathaway is the fund's single largest holding, amounting to 9% of its $135 million in assets.
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Value investing often comes into vogue when there is turmoil in the market, and Oak Value has been hitting its mark lately.
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After lagging the market badly for several years, the fund is up nearly 8% year to date, surpassing the S&P 500's return by almost three percentage points. Over the past 12 months, Oak Value has surged a more eye-catching 22%, about six points ahead of the index.
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“Quality began to matter again,” said Oak Value CEO Larry Coats.
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Buffett Widens Lead In $1 Million Hedge Fund Bet
Link to: Buffett widens lead in $1 million hedge fund betFORTUNE -- Results are in for the sixth year of the competition sometimes called the $1 million bet, and Warren Buffett -- once a piteous straggler in this 10-year wager on stock market performance...
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A Few Good Reasons To Hoard Some Cash Now - By Jason Zweig
The stock market is near record highs. More money came into U.S. stock mutual funds the week of Oct. 23 than during any other week since 2007. Initial public offerings like Twitter are booming. So have you considered keeping more of your assets in cash?...
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Buffett Pulls Ahead In Wager Against Hedge Funds
Found via the Corner of Berkshire & Fairfax. It's halfway time in the 10-year stock market wager sometimes called The Million-Dollar Bet—that's Warren Buffett backing the performance of an S&P index fund vs. a New York money manager...
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Sticking To What Works
Found via Simoleon Sense. This month Sequoia Fund marks its 40th anniversary. It's a milestone rarely achieved in an industry where three years is considered long term. Even more remarkable is that Sequoia is being run pretty much the same as it was...
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Investing In Actively Managed Funds
I've been reading a couple of Finance blogs mostly by Singaporeans, and I noticed that one of them (name shall not be mentioned) has chosen to invest with OCBC Blue Chip Investment Plan (BCIP) I did also talk about OCBC BCIP on a previous blogpost, http://teenageinvesting.blogspot.sg/2014/08/the-beginning-of-your-investment.html...
Money and Finance