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Russel Kinnel

Russel Kinnel is director of manager research for Morningstar.

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First Eagle's Matt McLennan finds high-margin-of-safety opportunities in areas that have experienced 'seasoned disappointment,' but he warns about today's sovereign markets.

Below the radar, some funds got burned by American Airlines, while another fund is dumping Hong Kong real estate, and other fund managers are limited in the number of times they can go home.

FPA Perennial and Paramount managers Greg Herr and Eric Ende discuss a recent purchase amid the European crisis as well as a longtime holding.