Posted by alexg

Tough week. Seems like institutional investors are selling the rips and buying the dips. Unless the street gets a clearer picture about the economy and financial markets, markets will continue to be choppy. From talking to truck drivers, plant managers, and personal experience, the economy should pick up sometime in 09. Work is similar to the economy, certain weeks/days we have plenty of work, other weeks we have nothing to do. Fortunately for us, its been more of the former than the latter. Finally, I decided to change the sites look again (hopefully for the last time). The other theme was very limited in terms of images and video. I fell in love with this theme when I found it as it has a clean look and is very easy to read the font. I still have to move some things around before I get it to the point where I am satisfied (this will never happen). Now back to my favorite subject: stocks.

The week’s top value investing story comes via collegeanalysts.com and it deals with Warren Buffett mentioning he has been buying either Wells Fargo (WFC) or American Express (AXP). I would put my money on Wells Fargo. At one point during the year, Wells Fargo traded at about 8 times normalized earnings. Also, Buffett is very high on its CEO Mr. John G. Stumpf and if I am not mistaken quoted him in the latest Berkshire Hathaway letter. Finally, I believe Buffett has increased his holdings in Wells Fargo, but I have to look into that. Now without further to do, here are the weeks top value investing news.

Is Buffett Buying American Express (AXP)?

On CNBC last week, Buffett revealed he is buying more stock in either American Express or Wells Fargo. Here is the argument for the former.

The Natural Contrarian’s Way to Get Poor Quick

Scott Fraser calls himself The Natural Contrarian and a proven master of contrarian strategies. The only contrary thing about this type of investing and marketing is that it goes against all investing basics. Let’s see how this contrarian technique holds up against the logical contrarian

The “Missing” Berkshire Hathaway Letters (1969-1976)

There is a conspicuous gap between the last Buffett Partnership letter, written in 1969, and the first Berkshire Hathaway letter posted on the company’s website, written in 1978. This article unearths some of these missing letters.

New High Yield Dividend Stock: DCP Midstream Partners LP (DPM)

Looking through the 52 week stock lows the other day for some ideas for a new stock purchase I came across a couple of natural gas pipeline companies that had come down in price over the past few months. I looked over several other pipeline companies and found that most were down over the past six months, some were down over 40% so far this year. Here’s what if found…

The Day the Newspapers Died

Jeff Matthews considers last Saturday the day that newspapers died. If you have been considering newspaper stocks, be sure to think about this post first.

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