Hedge fund manager Whitney Tilson is among the most followed money pros on Wall StreetAlso a CNBC Contributor , Tilson is renowned for his Value Investing Congress , where he regularly brings together among the most esteemed investors in what he calls a forum in which “other serious sophisticated value investors can benefit from the sharing of investment wisdom.”Although the next congress isn’t for months, we thought you might appreciate Tilson’s latest insights here and now. In this post you'll find some of his best long ideas. (And if you're looking for Tilson's short ideas, click here .)
First and foremost, if you're a buy and hold investor with 5-10 year time horizon, Tilson suggests putting money to work in big caps.“It’s one of the most attractive areas in the market,” he says. Tilson specifically names Berkshire, Coke, McDonald’s, Nestle , and Anheuser-Busch as some of his favorites.
“They’re incredible companies that are earning profits and trading at 10 to 12 times earnings with strong balance sheets and they’re returning cash to shareholders – they’re not exciting but if you’ve got a 5-10 year horizon and you want to earn better returns that Treasurys I think they’re the way to go.”Page 1 of 9 | Next Page