Wifts Investment Group

The Carlyle Group, a private equity firm,  is paying $55 a share for NBTY Inc. NBTY makes nutritional supplement and we bought some of it’s stocks in May. Here is what we said in our May update:
NBTY Inc makes and markets nutritional supplements. They have been growing rapidly in the last decade, and still [...]

Shares of AAR Corp (NYSE: AIR) fell as much as 18% today after the company lowered their 2010 fourth quarter earning guidance to $0.25-0.30 per share . Here is the press release they issued:
AAR CORP. (NYSE: AIR), today commented that results for the fourth quarter ending May 31, 2010, will be below its [...]

I guess we are not the only ones who like heath care sector. This marketplace story says that on a poll of 150 fund managers, 15% “cited healthcare as their favorite sectors looking into 2010, slightly topping the 12% who listed technology.” As I have mentioned before, healthcare is our largest holding with about 26% [...]

The stock market closed Friday at the highest level for the year. According to CNN, the S&P 500 now has gained 52% since hitting 12 year low on March 9th. The recent highs warranted a revision of our holdings and after carefully examining our overall portfolio, we have decided to make some changes.
We decided to [...]

The latest quaterly 13-F form filed by Berkshire Hathaway with the SEC showed that the company added more shares of Johnson & Johnson. In the second quarter it added almost 4.4 millions shares of JNJ. If my math is correct, Berkshire now holds almost 37 million shares of JNJ.
As you may remember from my recent [...]