Archive for June, 2008

Company Profile:  Baker Hughes Inc. (BHI) (obtained via Google Finance) Baker Hughes Incorporated (Baker Hughes) is engaged in the oilfield services industry. The Company is a supplier of products, and technology services and systems to the worldwide oil and natural gas industry, including products and services for drilling, formation evaluation, completion and production of oil and natural gas wells. The Company... »

Some additional insights from yesterday plus a couple things to note from this morning... Jason Zweig, the outstanding writer and editor who updated the latest version of Benjamin Graham's The Intelligent Investor, brought the keynote presentation at lunch yesterday.  Mr. Zweig spoke about the topic of his new book, Your Money and Your Brain, a study on the relationship between what... »

In the second morning breakout session, I attended "Let's Talk Bargains" with Bruce Berkowitz of Fairholme Capital Management and Susan Byrne of Westwood Holdings Group Ltd.  This was the breakout session I was most looking forward to and I was able to get a seat near a power outlet, so this post should be a bit more in depth than... »

In one of the morning breakout sessions, I attended "Investing 501" with Bill Bernstein, the author of a number of books on investing and economic history.  Mr. Bernstein talked a lot about modern portfolio theory and the use of asset class allocation to obtain a return on the efficient frontier.   Mr. Bernstein clearly favors a top-down approach to investing, where... »

Today is the first day of our coverage of the Morningstar Investment Conference, a trade-only conference for investment professionals.  I've just returned from the opening session of the day, the Ultimate Stock Pickers Panel.  The panel was moderated by Justin Fuller from Morningstar and included Peter Langerman of Mutual Shares, Charles Pohl of Dodge & Cox, and Bob Torray of... »