Covestor produced the following video featuring Charles Sizemore, the manager of the Dividend Growth Portfolio and three other models at Covestor. For more information, see the Dividend Growth Portfolio’s profile page, which includes performance and recent portfolio moves.Read More

Warren Buffett is a hero to many investors, myself included.  His record speaks for itself: 18.3% annualized returns in Berkshire Hathaway’s ($BRK-A) book value over the past 30 years compared to just 10.8% for the S&P 500.  And his returns in the 1950s and 1960s, when he was running a much smaller hedge fund, were...Read More

Earlier this year, I commented that semiconductor titan Intel (Nasdaq:$INTC) was my favorite tobacco stock. I said this tongue-in-cheek, of course.  I am aware that Intel designs and manufactures microprocessors, not cigarettes.  But my point was simply that slow-growth (or even no-growth) investments, such as tobacco stocks, can be wildly profitable under the right conditions:...Read More

I originally penned this articled in December 2011.  Given Sears’ stock action in the year that has passed, it’s worth another read. A well-respected value investor buys an old American company in decline, promising to restore its fortunes.  Alas, the recovery never comes.  The economics of the industry have changed, and the company cannot compete...Read More

We all know what “fragile” means.  But what is the opposite of fragile? If you are like me, your instinctive response would be “robust” or perhaps “durable.”  But you would be wrong. Something that is fragile is damaged by an unexpected shock, whereas something that is robust or durable is able to withstand it.  To...Read More