What a value hunter is investing today

Peter Langerman is CEO of Mutual Series, whose preoccupation is to hunt for deep-value stocks. Recently, he reveals that his investment team has once again started deploying cash in a big way as buying opportunities arise. Amongst the stocks he is invested in are AP Moller Maersk, Schindler, BAT, Imperial Tobacco, Lorillard Tobacco (Darvas' first big trade), Nestle, Kraft, Carlsberg, Pernod Ricard, Microsoft, Vodafone, Bank of America and Jardine Matheson. This is what he thinks of BOA: The bank has a valuable franchise and is selling near its book value. Confident that it will make it through the rocky period, even if US eonomic growth stalls. Comforting words to me indeed.