On Friday, Consuelo Mack aired an interview with value investor Mark Holowesko. Holowesko was the successor to Sir. John Templeton as investment manager of the Templeton funds (a role he entered at 27!). There’s a lot of good info in this interview.
Money quote: “Not only are stocks historically cheap, but the best quality names are at a discount to the market as well. Typically you have to pay up for quality; today you don’t. I think people really underestimate how cheap stocks are today”
Voss Capital is betting on a housing market boom
The Voss Value Fund was up 4.09% net for the second quarter, while the Voss Value Offshore Fund was up 3.93%. The Russell 2000 returned 25.42%, the Russell 2000 Value returned 18.24%, and the S&P 500 gained 20.54%. In July, the funds did much better with a return of 15.25% for the Voss Value Fund Read More