Today, Damien Marietta, manager of equity portfolio in a large French investment bank, recommends extreme caution for 2009.

Investing in value ... is the title of a book that explains how major investors (From Graham to Buffet) select their titles. For 2009, this could be an adage.

After a chaotic year 2008 most of the valuations appear attractive. All the more reason not to rush! Must be purchased cheaply, and without focusing on the price risk of being disappointed by the "commodity". (more...)