For all value investors, it’s time to earn your keep and shine.
Barron’s interviewed portfolio manager Matthew McLennan of First Eagle Global (FEG) Fund in this week’s edition. McLennan brings up some salient points in the current market for value investors.
This is a new development, but I think it represents to a key turning point for the investment industry. Competing solely off of price is a bad idea unless a business produces a commodity product – like apples. The better idea is similar to buying at a discount store. You want to get good valu
