Reading Barrons Feb 16 2008
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Starting this year I got the Barrons’ subscription from my frequent flier miles (Northwest).
(picture from charleslockwood.com)
1) Joe Rosenberg is an investment guru, and he shared his insights on various stocks from MSFT, YHOO to PFE. He likes MSFT the stock, but he does not like the decision of buying YHOO, and he thinks Baller’s decision does not make sense financially. (P. 34)
He does not like PFE at this moment. Same as yours truely 🙂
2) The accounting problems for some reverse acquisition Chinese companies listed in the US. This is the second time Barron’s talked about Chinese ADRs accounting problem. Last time it talked about the problems for some of the class 2007 (IPOs in 2007).
3) Buffett has adding positions on Wells Fargo, and Kraft. I know he also has significant JNJ stocks. Not to follow what he does, but to learn why he loves those stocks is interesting. Barron’s Feb 9 paper has an article on food stocks mentioning Kraft; and Feb 16 version had a cover story about Wells Fargo. My impression is Wells is probablly the safest bet in financial stocks.