Bruce Greenwald, David Winters, Tom Russo, And Bob Olstein were interviewed on Bloomberg TV this past Friday. Kudos to Sandesh Trivedi sandeshtrivedi.blogspot.com for finding the video.
This is Part III of the interview.
In part III of the interview the gurus discuss how to avoid value traps. The interviewees also talk about globalization and how stocks will be effected by it. The gurus also discuss meeting with management and their thoughts on the matter.
Relying On Old-Fashioned Stock Picking, Lee Ainslie Reports His “Strongest Quarter” Ever
Lee Ainslie's Maverick Fund USA enjoyed its "strongest quarter in the fund's history" during the three months to the end of June. According to a copy of the firm's second-quarter letter to investors, which ValueWalk has been able to review, Maverick Fund USA gained 18% in the second quarter. Following this performance, the fund was Read More