Through The Fly's Eyes: Stocks (Part 1)
Top Fund Mangers Congregate
The crème de la crème of portfolio managers met up in New York to exchange investment ideas at the Ira W. Sohn Investment Research Conference last week. Presenters included turnaround expert Wilbur Ross, Joe Rosenberg who has managed money at Loews (LTR) forever, Bill Miller of Legg Mason (LM) and Mason Hawkins, Chairman of Southeastern Asset Management.
Some of the highlights:
- General theme was favoring large cap over small cap
- Technology is coming back into favor in addition to healthcare
- Investors should avoid Asia