Shareholder letters

[valuecfa]

Morningstar conveniently grouped together the recent shareholder letters/commentaries of some of the top asset managers.

 

I thought some might enjoy them.

 

http://news.morningstar.com/articlenet/article.aspx?id=269611#fairholme

 

 

 

Cheers

[valuecfa]

I found this Jeremy Grantham chart of asset class returns particularly interesting:

 

https://www.gmo.com/America/CMSAttachmentDownload.aspx?target=JUBRxi51IICigUvyTzKY4fvr4%2f1GHIOwmkEsuoDtdni0roYHNiKsEWJWoxGecPkwcxsHM7uDiq24CADG8raiRnIaiHFJyrfBDVTp1qfXAkI%3d

[link01]

thnx for that link.

 

i have a morningstar subscription, but i dont comb thru it every day so i may have missed this.

havent read all the letters but one that has stood out so far is paul mcCaullys of pimco. those guys, particularly gross, el-erian, & mccaully are terrific.

 

http://www.pimco.com/LeftNav/Featured+Market+Commentary/FF/2009/GCB+February+2009+McCulley+Saving+Capitalistic+Banking.htm