Monday, February 11, 2008

Active Value Investing: interview

Vitaliy Katsenelson, author of the book, Active Value Investing: Making Money in Range-Bound Markets, was recently interviewed by the Financial Sense Newshour.

What is "active value investing"? Author Katsenelson and FSN host Jim Puplava delve into that topic at length during the interview, but here is a brief introduction to the ideas Katsenelson presents.

"For the next dozen years or so, the U.S. stock market will be a wild roller-coaster ride—setting all-time highs and multi-year lows in the process. While the twists and turns of this ride are still to be written by history, the long-term, sideways "range-bound" trajectory has already been set by the eighteen-year bull market that ended in 2000. When the dust settles, only those who adapted their investment strategies to this range-bound market will have captured any meaningful profits."

If you'd like to know more, just click on the Financial Sense interview link above and select your preferred audio format.

There are some worthwhile ideas and concepts presented here, and it may challenge you to shift your outlook for stock investments in the coming years. Enjoy the discussion.