Hedge Fund Street

May 23, 2005

Mark Sellers Dispenses Investment Information

Mark Sellers, current hedge fund manager and former editor of Morningstar Stock Investor, is a proponent of investing in Wal-Mart Stores, Inc. Sellers, currently managing Sellers Capital Management in Chicago, believes that in the future when investors look back, they will think it was very smart to have bought at this point. Seller also dispensed other interesting investment information on such companies as American International Group, Chevron Corp., and Exxon Mobile Corp. According to Marketwatch.com:

Sellers was lukewarm on the energy industry, noting that giants like Exxon Mobil Corp. (XOM: news, chart, profile) and Chevron Corp. (CVX: news, chart, profile) were good, healthy stable long-term companies, but not necessarily at a good point to buy.

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May 23, 2005 in Arbitrage | Permalink

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