May 7, 2012Marketwatch.com
By Conrad de Aenlle
Commentary: Invest in the middle of nowhere to get somewhere
LONG BEACH, Calif. (MarketWatch) —There’s investing for the long term, and then there’s investing as though you won’t need to cash out until the day after forever. A recent report by Citigroup offers ideas for anyone who has a time horizon that’s not quite so long but is nevertheless in no hurry to reap gains. And yes, there are funds for that.
David Marcus, manager of Evermore Global Value Fund, is heavily invested in Spain, Italy and the U.K., but many of the companies in his portfolio conduct business outside of Europe. He talks with MarketWatch’s Jonathan Burton. More…