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  • October 26, 2009

The three major US stock indexes turned lower on concerns big banks like Bank of America (NYSE: BAC) may have difficulty repaying government bailout funds. The drop in oil prices dragged down energy and material stocks. Read More

  • October 24, 2009

Discussing long-term headwinds is an interesting intellectual exercise, but it’s not going to make you a dime, or even a euro-cent. As investors, our mission isn’t to dig up new indicators to justify a long-term bearish position. The mission is to make money. Read More

  • October 23, 2009

The three major US stock indexes fell as the drop in oil weighed down energy stocks. Read More

  • October 23, 2009

Already the market leader in HIV antivirals, this Growth Portfolio favorite is in the beginning stages of developing the first-ever four-in-one AIDS pill. Read More

“Pro-consumer” states have often cut utilities’ returns on investment to hold down customer rates in the near term. The result is financially weaker utilities and correspondingly higher system costs and customer rates. Read More

China’s interest in Africa is based on its need for natural resources. What makes it easy to establish relations there is that neither the EU nor the US has paid it much attention. Read More

In the face of what many pundits regarded as Armageddon, health care has been one of the most profitable investment themes for the Fund Portfolio. Read More

  • October 23, 2009

“Income” doesn’t mean “safe.” “Growth” doesn’t mean “risky.” Understanding how an investment generates cash is more important than how it’s defined. Read More