Robert Kleinschmidt
KLEINSCHMIDT – CONTRARIAN VIEWS
The Tocqueville Fund’s Robert Kleinschmidt started nibbling on Apple well over a year ago when the stock was much lower. As a deep value investor Kleinschmidt says he is less enthusiastic about Apple now because it’s not as “dirt cheap” and views it as a “not terribly strong hold.” I asked him about another aspect to the Apple story, CEO Tim Cook’s recent announcement that he was gay. What impact if any would it have?
KLEINSCHMIDT: CONTRARIAN VALUE
Tocqueville Fund’s Robert Kleinschmidt prides himself on being an independent thinker. In his exclusive interview with WEALTHTRACK he does not disappoint. While the rest of Wall Street has been expecting the Federal Reserve to raise interest rates he says they won’t, and while most investors run from troubled stocks he finds gems among them. His deep value approach has generally worked. Under his stewardship, the 4-star rated Tocqueville Fund has delivered market and category beating returns. Continue Reading »
ROBERT KLEINSCHMIDT: WALL STREET “TROUBLE MAKER”
Robert Kleinschmidt, long-time Portfolio Manager of the Tocqueville Fund and a well-known contrarian on Wall Street. He was bullish on stocks when every one was calling for the death of equities. He pooh poohed the effect the election and the fiscal cliff would have on the market. Now he has a very contrarian view of the Fed’s unprecedented policy to keep interest rates low. Continue Reading »
PRO’S PERSONAL PORTFOLIO: NATURAL RESOURCES
What do saltwater disposal wells and gold bullion have in common? You’ll find both in the personal portfolio of Tocqueville Fund’s Robert Kleinschmidt- he explains what makes these investments attractive.
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PETER FRANCESE, ROBERT KLEINSCHMIDT AND TOM PETRIE
On this week’s Consuelo Mack WealthTrack we’ll talk about long-term demographic trends and the investment opportunities they are creating with demographics pioneer, Peter Francese, the founder of American Demographics magazine. Plus we’ll explore some of the deep values being created in the beaten down oil patch with veteran analyst and investor Tom Petrie, and in a WealthTrack television exclusive, delve into other sectors of the financial markets with fund manager Robert Kleinschmidt of the highly regarded Tocqueville Funds.
WEALTHTRACK Episode #432; Originally Broadcast on February 6, 2009
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Francese – Kleinschmidt – Petrie
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PETER FRANCESE
Founder,
American Demographics
ROBERT KLEINSCHMIDT
President, Chief Investment Officer,
Tocqueville Asset Management
TOM PETRIE
Vice Chairman,
Bank of America Merrill Lynch
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ED HYMAN, CHRIS DAVIS AND TOM PETRIE
WealthTrack focuses on the economy, energy and value investing with three guests exclusive to us. ISI Group’s Ed Hyman, Wall Street’s number one ranked economist for 27 years running, star value investor Chris Davis of the Davis Funds, and veteran energy hand Tom Petrie, Vice Chairman of Merrill Lynch.
BURTON MALKIEL, TOM PETRIE AND DAVID LAIBSON
This week on WealthTrack, it’s back to school with three experienced investment mentors- Random Down Wall Street’s Burton Malkiel, Harvard behavioral economist David Laibson, and energy market veteran Tom Petrie. They all have pointers for tough market tests.
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