The Sizemore Investment Letter

The numbers came in last week: France is in recession again, for the third time in five years.  A triple-dip recession. Sacre bleu! There is some debate as to whether this is a double-dip or a triple-dip recession; that mini-recession in 2012 was questionable.  But there is no escaping the broader point here.  France has [...]

In my last article, I noted that “Big Money” managers was wildly bullish on U.S. stocks—74% were bullish and only 7% were bearish. But what about those legendary masters of the universe—the global macro hedge fund managers who, if their reputations are to be believed, hold the fates of companies and even entire countries in [...]

Listen to Charles Sizemore, Peggy Tuck and Mike Robertson talk about the deflating of the Apple ($AAPL) bubble, the rise and fall of Japanese electronics giant Sony ($SNE)–the company that should have been Apple, Japan and “Abenomics” and more on Straight Talk Money Radio. SUBSCRIBE to Sizemore Insights via e-mail today.

I’ve been a big believer in vice investing—and particularly tobacco stock investing—for a long time.  I turned bearish on tobacco stocks late last year, but this was based purely on price.  In my view, tobacco stocks had simply gotten too expensive relative to other dividend-paying options—and I would reiterate that view today. But if ol’ [...]

If Warren Buffett, Christopher Davis, Joel Greenblatt and Seth Klarman recommend a book, it might—just might—be worth reading.   It certainly got my attention. Warren Buffett calls Howard Marks’ The Most Important Thing “that rarity, a useful book.”  And as a researcher with a library of a couple hundred books myself, I couldn’t agree more. For [...]