Skip to Content
Stock Strategist

Invest Like the Best in 2008

All-star investment managers believe now is the time to buy.

Mentioned: , , , , , , , , ,

Although our all-star fund managers found themselves against the ropes with the rest of the investment community at the close of 2007, you wouldn't know it from reading their shareholder letters.

Warren Buffett's advice to "be greedy when others are fearful" has become an investment clich�, but the 16 fund managers on our list have taken it to heart. Mason Hawkins and Staley Cates at  Longleaf Partners (LLPFX) see "tremendous opportunity" in the markets, while Christopher and William Browne at  Tweedy, Browne Value Fund (TWEBX) believe that "more attractive valuations" are forthcoming. Mario Gabelli of  Gabelli Asset (GABAX) believes "the most profitable investment opportunities come with blood in the streets." With  Bear Stearns (BSC) losing more than 90% of its market value in only a few days, there is certainly blood in the streets, but we think our expanding roster of 5-star stocks is evidence that this storm is set to help more than a few investment flowers bloom. The following table lists the fund managers whose holdings we surveyed at the end of 2007.

Jim Sinegal has a position in the following securities mentioned above: BRK.B, AIG. Find out about Morningstar’s editorial policies.

Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.

We’d like to share more about how we work and what drives our day-to-day business.

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

How we use your information depends on the product and service that you use and your relationship with us. We may use it to:

  • Verify your identity, personalize the content you receive, or create and administer your account.
  • Provide specific products and services to you, such as portfolio management or data aggregation.
  • Develop and improve features of our offerings.
  • Gear advertisements and other marketing efforts towards your interests.

To learn more about how we handle and protect your data, visit our privacy center.

Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

Read our editorial policy to learn more about our process.