• This Insurer Has Improved Tremendously, But Is it a Buy Yet?

    By Matthew Frankel - July 30, 2013 | Tickers: AIG, HIG, L

    We all know insurance giant American International Group, or AIG (NYSE: AIG), which is infamous for its extreme downward spiral during the financial crisis. Despite its reputation, the company has made great progress in turning itself around. AIG has fully repaid the $182.3 billion in government aid that it received, and most agencies regard their financial position as stable. With shares of the company still looking attractive after a more »

  • Looking for the Next Berkshire Hathaway

    By Andrés Cardenal - July 24, 2013 | Tickers: BRK-B, BRK-A, LUK, L, MKL

    Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) has delivered truly amazing returns for investors who were smart enough to invest with Buffett and Munger for the long term. However, the company has gotten quite big, and this materially reduces the chances of outsized performance in the future.

    But other smaller companies are trying to imitate Berkshire´s success, and the hunt for the next Berkshire Hathaway, meaning a smaller company with more »

  • Southeastern's Top Five Stock Picks

    By Marshall Hargrave - May 27, 2013 | Tickers: CHK, DTV, FDX, L

    The multi-billion dollar fund manager Mason Hawkins has been the CEO of Southeastern Asset Management since 1975. Hawkins and Southeastern are value investors, looking for three things:  "good business, good people, and a good price." Hawkins also believes in running a concentrated portfolio, generally owning less than 25 stocks. Outlined below are Southeastern's top-five stocks.

    Southeastern's top pick continues to be Chesapeake Energy (NYSE: CHK), which makes up more »

  • Invest in This Conglomerate or Its Holdings?

    By Marshall Hargrave - May 20, 2013 | Tickers: BWP, CNA, DO, L

    Loews (NYSE: L) is considered a diversified holding company, with a high concentration in the insurance and oil/gas industry. After recently releasing its 13F filing, I decided to check up on Loews top three holdings. Loews key subsidiaries includes CNA Financial (NYSE: CNA)Boardwalk Pipeline Partners (NYSE: BWP) and Diamond Offshore Drilling (NYSE: DO)
    Loews' segments
    • CNA Financial is a property-casualty insurer in the U.S., providing standard commercial more »
  • Berkshire Hathaway: The Best of the Conglomerates?

    By Bill Edson - May 15, 2013 | Tickers: BRK-B, CNA, L, UTX

    Berkshire Hathaway (NYSE: BRK-B) reported first quarter earnings on May 3, and what a quarter it was. Earnings consist of earnings for wholly owned companies, including Geico Insurance, General Re, and See's Candies. Then add to that the many companies in which Berkshire Hathaway has a majority stake, such as leading renewable energy company Mid-American Energy, along with stock price changes of the companies that Berkshire simply holds equity more »

  • Largely Undervalued...Once Again

    By Mike Thiessen - May 7, 2013 | Tickers: CNA, DO, L

    Despite the company's obvious strengths, investors who stake out long positions in Loews Corporation (NYSE: L) invariably succumb to frustration and despair over the performance of their favored investment. This New York-based firm has perennially under-performed the expectations of its management team and shareholders. While it should be noted that the company has beaten the broader market during every 10-year period for the past 50 years and regularly buys more »

  • Billionaires For Rent.....Cheap!

    By Ken McGaha - March 12, 2013 | Tickers: BRK-B, BRK-A, L | Editor's Choice

    Editor's Note: The initial version incorrectly identified the CEO of Loews. This version has been corrected.

    Wouldn't it be great to have a self-made billionaire manage your money right alongside his own? Would it be even better if they didn't charge you for the service and even offered a discount if you hire them now? If you choose your investments correctly, you can come pretty close to more »

  • Side-by-Side Comparison of Two Home Improvement Retailers

    By Delian Naydenov - February 14, 2013 | Tickers: HD, L

    Shares of Home Depot (NYSE: HD) and Lowe's (NYSE: L), the two largest home improvement stores in the U.S., are trading near their respective 52-week high prices. With the stock market also trading near its 52-week high, the spring season a month or so away, and housing showing clear signs of improvement, it is worth taking a look at the common stocks of both companies. This article will more »

  • A Bargain in Buffett’s Favorite Business

    By Jonathan Lim - February 5, 2013 | Tickers: CNA, L

    When you own as many businesses as Warren Buffett, you may have trouble picking a favorite. After all, you are an interesting person, and interesting people have all sorts of interests and hobbies. If you were Mr. Buffett, you’d have trouble deciding whether you prefer selling furniture, owning a railroad, or building modular homes.

    The thing is, Mr. Buffett isn’t an ordinary person. And based on his many more »

  • A Few Top Stock Picks From This Multi-Billion Dollar Fund

    By Meena Krishnamsetty - January 6, 2013 | Tickers: AON, CHK, DTV, FDX, L

    Mason Hawkins founded Southeastern Asset Management in 1975 and tends to invest for the long-term, not worried by the interim ups and downs of the markets. His firm remains employee-owned and manages roughly $32 billion in assets. In reviewing Southeastern’s most recent 13F – which reveals the majority of the firm’s publicly traded equity holdings – we have outlined its top five stock picks (check out the rest of Southeastern more »

  • Income Investing: High Yield Bets on Natural Gas Transportation

    By John Macris - December 13, 2012 | Tickers: BWP, KMI, KMP, KMR, L

    The topic of domestic energy production served as a highlight of the recent Presidential election, with both candidates presenting strong opinions on the matter. Governor Romney spoke aggressively about the importance of increasing offshore oil production, including drilling in the mid-Atlantic, as well as greater coal production. In contrast to Romney, President Obama spent most of his time on the defensive, citing an increase in domestic oil production during his more »

  • 4 Overlooked Financial Stocks To Consider Now

    By Maxwell Fisher - December 13, 2012 | Tickers: AIG, BRK-B, BLK, L

    American International Group (NYSE: AIG) was once among the largest, most profitable and most complicated of all financial companies. Courtesy of the recession and record setting bailouts, AIG is today a small fraction of what it was, but that still makes it a major international insurance holding company. At its height, adjusted for stock splits, AIG had a book value of nearly $800 per share, and earned up to $15 more »

  • It’s More Insurance, Energy, and Hotels for This Insider

    By Meena Krishnamsetty - December 3, 2012 | Tickers: AIG, KMI, L, TRV, RIG

    According to a filing with the SEC, a member of the Board of Directors at Loews Corporation (NYSE: L) purchased 5,000 shares of the company’s stock on Nov. 29 at an average price of $40.99 per share. Ken Miller now owns 17,000 shares of Loews, so this recent buy of about $200,000 was an increase of over 40% in his holdings. Loews has a number more »

  • 2 Stocks that Make Bond Investors Look Foolish

    By Justin Carley - May 31, 2012 | Tickers: AMLP, BWP, EPB, EPD, L | Editor's Choice

    Natural gas prices are up 45% from their April low!  Is this the start of the coming surge that just had to happen ever since the price broke below $5, $4, $3, $2?  Not likely.  I detailed in a mid-April piece to stay clear of E&P companies with heavy reliance on natural gas.  It is still early and the context was based on a time horizon on two or more »

  • Key Conglomerates for Consistent Profits?

    By Bobby Fisher - March 5, 2012 | Tickers: LUK, L, NOC, TYC, VIA

    While most companies specialize in one area, that’s not true in all cases. Many top companies are conglomerates, and it is impossible to fit them in only one box. Today, I will hone in on five of these to see if we can find the most important consistency: profit. The five conglomerates are Leucadia National, Loews, Northrop Grumman, Tyco, and Viacom.

    Leucadia National (NYSE: LUK) is a $7 billion more »

  • Berkshire Hathaway: A Worthy Investment In The Mid $60's

    By Bobby Fisher - February 29, 2012 | Tickers: BRK-B, KO, IBM, L, PG

    Berkshire Hathaway (NYSE: BRK-B) is a holding company with direct interests in insurance and reinsurance. It also owns, in whole or in part, dozens of businesses across much of the American business spectrum. I will discuss numbers and ratios for the “B” series, the value of which is 1/1500th the value of the “A” series. And while no insurance based company has the scope or breadth of Berkshire more »

  • 5 Dirt Cheap Stocks for the Next 2 Years

    By Meena Krishnamsetty - February 8, 2012 | Tickers: AON, CHK, DELL, DTV, L

    Mason Hawkins’ Southeastern Asset Management just released its 2011 year-end investor letter. The firm writes: “After delivering strong returns in 2009 and 2010, we are disappointed to report weak results for 2011.”  In the past year, Southeastern Asset Management’s Partners Fund lost 2.85%. Its Small-Cap Fund gained 2.11%, while its International Fund was down 20.29%. Don’t be fooled by these poor returns though. Mason Hawkins more »