for those who have been depressed by Whitney Tilson for the past year (not that he hasn’t been correct), it seems as thought his tuned has decidedly changed.
Whitney is saying we are “close to a bottom”. He said the are “bargains galore out there”. Whitney is buying blue chips like Berkshire Hathaway (BRK.A), American Express (AXP), Johnson & Johnson (JNJ), Coke (KO), Wal-Mart (WMT). He is also buying energy names that have “puked out by hedge funds” during the recent forced selling. He is buying MLP’s as they are “toll road” companies like Contango (MCF).
Whitney did manage to slip a plug for in but hide his infatuation for Barack Obama.
Video:
Disclosure (“none” means no position):None
Visit the ValuePlays Bookstore for Great Investing Books
5 replies on “Whitney Tilson Talks About What He Is Buying”
Contango’s Ticker is MCF.
duh….
thanks
love and appreciate your blog.
however, i think tilson is a much, much better newsletter and conference promoter than money manager; he may not merit the informative highlighting you provide to folks like buffett, wilbur ross, etc.
IMHO, tilson’s a good messenger, but lacks a substantive track record.
Contango MCF is a MLP? Or more specific, is Contango a toll road in any aspect?
Sellers made a mistake…
watch the video..
he was using it as an example of an under valued gas company