More Must-Read 13Fs
The Securities and Exchange Commission's 13F filing deadline has come and gone, and this holiday weekend is a good time to sit back and review the flood of buying and selling reports coming from the best value and activist money managers. It's a lot like having the world's best research department at your fingertips, and you get to pick and choose which suggestions to act on. I have made tons of money over the years picking up safe and cheap stock ideas from other value managers. Thanks to federal regulations, it's like being forced to share your best candy with the other kids, and I shamelessly steal from managers I most respect.
There is massive media coverage on the big, well-known managers, so I tend to focus my Real Money 13F coverage on those a little bit off the radar. One of my favorites is the eponymously named Donald Smith & Co. The firm has been around since 1975 and has compiled a strong record managing money using the same strategy that I use, by focusing on tangible book value. When I contacted Donald Smith late last year for an interview, he turned me down -- it actually makes me like the guy even more as it's the reclusive, closed-mouth managers who often have the best ideas....502 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
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