The Iconoclast Investor

Have all banks run amok? Not quite. I’ve gone out on a limb lately and recommended a couple of banks in the advisory I edit, Cabot Benjamin Graham Value Letter.
Hudson City Bancorp (HCBK) owns and operates 127 savings bank branches in northern New Jersey and New York City. The bank specializes in writing jumbo mortgages [...]

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Cabot Essay Contest Rules:
Topic: “How I Lost Money in the Bear Market and What I Would do if I had Another Chance.”
* Entries: Maximum 1,000 words
* One entry per email address
* To enter: Send entries via email to essaycontest@cabot.net
* The winner will receive a one-year free subscription to your choice of [...]

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Last week’s email brought this from a reader.
“Dear Mr. Lutts,
If the market was allowed to correct itself, I would have confidence in its eventual, measured and genuine recovery.
“But markets the world over are being hugely manipulated in draconian fashion by colluding politicians with no training in, and little understanding of, economics and foreign affairs.
“The USA [...]

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So what’s hot now? I can’t give you my recommendations from my May issue of the Cabot Benjamin Graham Value Letter as that wouldn’t be fair to my paid subscribers. However, here’s an idea from the April Letter.
Hubbell B (symbol: HUBB or sometimes HUB. B or HUB/B) fully qualifies as an undervalued Benjamin Graham stock [...]

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A lot has been written here before about how to pick a growth stock. The advice from my fellow Cabot colleagues is sound and, when followed, will lead to exceptional returns. The editors of the growth-oriented Cabot letters know their stuff, and can produce performance numbers that prove it.
But I like value stocks, and I [...]

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