Tag

Telefonica
Rumors flew over the weekend that AT&T ($T) had made an offer to buy Spain’s Telefonica ($TEF) for $93 billion—a roughly 50% premium to today’s market cap. Telefonica was quick to dispel the rumor, and AT&T had no comment as Monday afternoon. My gut reaction is that this rumor is exactly that: a rumor.  The...
Read More
Charles Sizemore gives his thoughts on how to invest in Europe to Bloomberg’s Guy Johnson, live in London.  To watch the interview, see “Emerging Market Exposure via Europe“
Read More
“Buy low and sell high” is the standard advice of any value investor. It can also be remarkably hard to put into practice. You see, we humans are herd animals, and we tend to think and act as groups, particularly during times of stress. Call it the primal human instinct to seek strength in numbers....
Read More
It’s a little early for Christmas in July, but now is the time for investors to be putting together their “Christmas lists” of sorts. Recently, I wrote a piece that described an old investment strategy of Sir John Templeton (see “An Anniversary We’d Prefer to Forget”).  Sir John would make a list of companies he’d...
Read More