Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Arnott Says Don't Try to Find the Next Apple Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, June 04, 2012

Arnott Says Don't Try to Find the Next Apple

News summary by MFWire's editors

Rob Arnott, father of "fundamental indexing" and Pimco's All Asset Fund (PASAX) PM, advises other investors, "don't try to find the next Apple."

Fortune reports that Arnott sees growth of his fund by investing abroad. The best buys in equities are in emerging markets because trading is at a 20 percent to 30 percent discount compared to U.S. equities, he told Fortune. Arnott also PMs the PowerShares FTSE RAFI Emerging Markets ETF.

As for stocks in the U.S., Arnott said:

Apple is a great example of how growth investing sometimes works, and a great example of the pitfalls of growth investing because there aren't a lot of Apples. With growth stocks, the expectations for future earnings are extremely high, and if they don't materialize, investors get hit hard.
 

Edited by: HFD


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use