More Ideas for Good Buys

I discussed on Tuesday the near universal use of stock lists that identify stocks hitting new lows as a fruitful source of investment ideas.

I gave examples of prominent investors -- present and past -- that have made small fortunes from investing in companies during periods of maximum pessimism. I noted the example of Warren Buffett investing in the Washington Post (WPO) in the 1970s when media stocks were hated by the market. This week, WPO announced the sale of the flagship paper for $250 million and it is estimated that Buffett has made a 9000% return over the last 40 years....487 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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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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