When the subject of federal bank bailouts comes up, most people think about the Treasury Departments Troubled Assets Relief Program called “TARP”. However, many sophisticated investors are surprised to learnthat the biggest bank bailout program came in the form of Emergency Loans from the Federal Reserve.
Warren Buffett is a household name. Whether people know him as the “Sage of Omaha” or the “Oracle of Omaha,” it seems everyone knows about Warren Buffett, and why shouldn’t they? He is the most successful investor in history. His Berkshire Hathaway has a 30-year cumulative return of 23,730.4%, more than 10 times the market’s 2028.6%.
These five stocks are trading near their 52-week lows, but are they bargains? I take a look at some basic metrics and recent headlines to see how they hold up to their peers on a relative value basis.
James Barrow is the Executive Director and founder of Dallas based investment firm Barrow, Hanley, Mewhinney and Strauss, as well as the lead portfolio manager for the Vanguard Windsor II and Selected Value Funds. During his time at the Selected Value Funds, he has averaged a return of 9.33% a year and in many years [...]