Michael Karsch Likes Yahoo & Vodafone Group – ValueWalk Premium

Michael Karsch Likes Yahoo & Vodafone Group

Michael Karsch, founder and portfolio manager of Karsch Capital with $1.8 billion under management, talks about the mania of safe stocks that has infected Wall Street, in a Q1 conference call. He says that investors who were spooked by the bubble burst of 2000 are now over-invested in safe haven companies. He points out that the reason investors have become so excited about stocks lately is because of attractive dividends which yield almost the same way as bonds.

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