Article written by Prieur du Plessis, editor of the Investment Postcards from Cape Town blog.
This week on Wealthtrack, Consuelo Mack Consuelo interviews two money managers finding value in two different stock classes. Both have beaten the markets, with less than market risk over the long term. Noted value investor Tom Russo focuses on strong global brand name companies, while David Nadel specializes in international small company stocks including gold mining shares.
Russo is a partner with the investment advisory firm Gardner Russo & Gardner, where he oversees assets of $4 billion dollars. His Semper Vic Partners Fund has outperformed the stock market since its inception nearly 20 years ago. Nadel is director of international research at Royce & Associates, a long time leader of small and mid cap investing. He also manages, or co-manages six Royce funds, including the firm’s flagship international fund, Royce Global Value, which has far outdistanced markets since its launch nearly five years ago.
Both portfolio managers view the current market declines as an opportunity for them to buy choice companies at cheaper prices. They discuss some of the companies they favor.
Source: Wealthtrack, August 19, 2011.
Wealthtrack: Stock market declines – opportunity to buy choice companies was first posted on August 21, 2011 at 7:50 am.
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