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Bill Ackman Thinks Diversification is for the Lazy
Bill Ackman made a speech at the Active/Passive Investor...
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ebay Appears to be a Bargain
Stephen Gandel at Fortune reports that Jeremy Grantham, Mason Hawkins of the Longleaf Partners Fund and Ariel Capital’s John Rogers all have long-term track records for picking stocks that outperform the market, and all three have recently been buying eBay shares for their clients’ portfolios.
Personally, I have added eBay to my account outside of the Tactical Timing System and I’m considering purchasing shares for the conservative account with the cash that has accumulated from dividends, if the market weakens in the next several weeks.
Source:
http://money.cnn.com/2008/12/11/technology/gandel_ebay.fortune/
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