Market Overview

Vitaliy Katsenelson

Benzinga Contributor

About

Vitaliy N. Katsenelson is Chief Investment Officer at Investment Management Associates. He is the author of Active Value Investing (Wiley 2007) and The Little Book of Sideways Markets (Wiley 2010). His books have been translated into eight languages. While his primary focus is on discovering undervalued companies for his clients, he is also known for his uncommon common sense, which is regularly expressed in articles in the Financial Times, Barron’s, Bloomberg Business Week, Institutional Investor Magazine and the Christian Science Monitor, among other outlets. Previously, he was an adjunct faculty member at the University of Colorado Graduate School of Business, where he taught the Practical Equity Analysis class. He is a CFA charter holder, a member of the CFA Institute, and has served on the board of the CFA Society of Colorado. Katsenelson received both his bachelor of science and his master of science in finance from the University of Colorado at Denver. Forbes magazine called him “the new Benjamin Graham.” You can read and sign up for his articles at ContrarianEdge.com.
April 18, 2019 5:07 PM
You can listen to a professional recording of this article at investor.fm. A client asked recently for my view on Japanese conglomerate SoftBank Group ...
March 26, 2019 1:57 PM
Investors are prone to two opposing but equally debilitating fears: the fear of missing out when times are good, and the fear of loss when markets are ...
March 09, 2018 9:06 AM
Don't let this wave of stock-market volatility go to your head. The value of the companies in your portfolio doesn't change by a positive or n ...
March 06, 2018 10:53 AM
General Electric's collapse should have served as a reminder that buying a company based solely on past reputation and dividend yield is a da ...
February 20, 2018 11:06 AM
Amazon.com has been one of the most innovative and disruptive companies of this century.  Every announcement or speculation that Amazon will ...
December 06, 2017 1:08 PM
I’ve been asked about Bitcoin a lot lately. I haven’t written anything about it because I find myself in the uncomfortable position of agr ...
November 07, 2017 12:41 PM
The iPhone X is likely to be a phenomenal success for Apple, but its success will not be driven by anything new that the new phone packs inside. Inste ...
October 19, 2017 12:43 PM
I was recently going through a new client’s portfolio and found it full of the likes of Coca-Cola, Kimberly-Clark and Campbell Soup — what ...
October 16, 2017 12:36 PM
Last week I explained why my firm is investing in pharmaceuticals stocks, despite the sector being a favorite punching bag of politicians. I noted tha ...
October 09, 2017 12:46 PM
The following is an excerpt from Investment Management Associates’ second-quarter letter to investors. The Great Recession may be over, but seve ...
October 05, 2017 12:50 PM
We are having a hard time finding high-quality companies at attractive valuations. For us, this is not an academic frustration. We are constantly look ...
September 13, 2017 4:28 PM
Conditions for investors around the world are getting worse. Let's start with Europe, the world's second-largest economy. The European Union i ...
September 08, 2017 11:27 AM
It is hard to find a bigger Apple Inc (NASDAQ: AAPL) stock cheerleader than me. I’ve been writing Apple stock love poems for years. For a long t ...
August 24, 2017 9:20 AM
Retail stocks have been annihilated recently, despite the economy eking out growth. The fundamentals of the retail business look horrible: Sales are s ...