Word: longleaf
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...down market: a number of historically prominent mutual funds that long ago shut their doors to new investors are reopening. It's been years since anyone without an existing account could put money into some of the best-known names in the business, like Sequoia Fund, Dodge & Cox Stock, Longleaf Partners, Fidelity Magellan, Artisan Mid Cap Value, Oakmark Equityand Income, Vanguard International Explorer and Third Avenue Small-Cap Value...
...money back, many funds aren't nearly the size they once were - so they're taking on fresh investors. A number of portfolio managers, especially the value-conscious sort, are also seeing cheap stocks all over the place and want extra money to buy in. One of the reasons Longleaf Partners reopened earlier this year was that its managers had identified some $1.5 billion worth of securities they wanted to buy. (Read a brief history...
...International Stock). Remember that Japan makes up about 9% of the value of all world stock markets, according to Morgan Stanley Capital International. For most folks, a diversified foreign fund with roughly 10% in Japan is plenty. Oakmark International and Tweedy, Browne Global Value offer moderate exposure to Japan; Longleaf International lately has a bigger stake there. all three funds have reasonable fees--and no whiff of the scandal that has swept through the mutual-fund business lately...
...want to invest in the distressed, doing it through mutual funds will limit your risk. Among those seeking profit in turnarounds are junk-bond funds and such value funds as Longleaf Partners, Third Avenue Value Fund and Excelsior Value and Restructuring Fund. Or you can wait for the reorganized company to issue new common shares. Because by then the old ones will be dead fish...
Carter suddenly interrupted himself and pointed across the study to a large table, a lazy susan 5 ft. in diameter. He had designed and built the table, he said proudly, of longleaf pine, virgin timber cut 150 years ago for the home of Rosalynn's great-grandfather. Woodworking has become a Carter obsession. When he wants relief from his writing, he said, he moves to his nearby woodshop, a converted garage where he spends long periods alone chiseling out bowls and building benches and chairs, all his own designs. During the summer, he recalled, he often worked for hours...