Famed value investor David Dreman is still finding attractive opportunities in both energy and financials.  Dreman takes a more diversified approach then we advocate at TTCM, where we tend to take more concentrated positions.  The psychology has changed in the markets over the last few years and pessimism is still highly prevalent even after the...Read More

This was a great interview on the housing market.  Inventories are down to about 6.4 months supply which is very manageable.  I certainly believe that there is still a shadow inventory hanging around there as well but as long as supply doesn’t grow faster than demand the market should continue to recover.  Most of the...Read More

http://www.bloomberg.com/news/2012-03-22/wall-street-profit-estimates-raised-by-analysts-after-jefferies.html INVESTING IN THE FINANCIAL MARKETS INVOLVES RISKS. OPTIONS ARE NOT SUITABLE FOR ALL INVESTORS.Read More

The consensus has been that China was likely to endure a soft landing.  I think this is extremely optimistic thinking when you look at their unbelievable growth and expansion over the last decade, particularly in the housing market.  Their real estate bubble is very different than that that was endured in the U.S. because many...Read More