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JUL 02, 2013 - TheStreet

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I'd Still Rather Own Gannett Than Facebook

NEW YORK (TheStreet) -- Back in September, I went out on a limb in a column entitled I'd Rather Own Gannett Than Facebook. It was the type of piece that was a bit controversial at the time, because it suggested that the dinosaur was a better buy than the slick, newly public, must-own behemoth. I don't mind being a contrarian, because that's part of what comes along with being a value investor. I also don't mind being wrong, because that comes with the territory, too. But in this case, so far anyway, the sentiments in that piece have demonstrated an important investment lesson. In the ... Read More

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