Long-term Investors Should Listen Up

Dow Jones07-18 04:30

To the Editor: Barron's Roundtables are a resource for long-term holders, not traders (" This Stock Market Is Full of Bargains, Our Roundtable Pros Say. 45 Picks for the Second Half," 2026 Midyear Roundtable, July 10). If you're someone who trades frequently, they aren't for you. A few of last week's panelists have beaten the S&P 500 index with their picks, so it pays to listen to them.

William Lyon On Barrons.com

SK Hynix and Its Rivals

To the Editor: It's important to note that SK Hynix invented high-bandwidth memory, or HBM, and that both Samsung Electronics and Advanced Micro Devices bailed out because of technical problems, leaving Micron Technology as the sole alternative source (" SK Hynix Listing Closes Gap With Micron. The Korean Stock Is Still the Better Bet," July 9). Now Samsung has finally solved its problem and has jumped back in.

John Maclean On Barrons.com

Travelers and Berkshire

To the Editor: Berkshire Hathaway's insurance leadership should study Travelers (" The AI Revolution Comes to the Insurance Industry. Look Who's Winning," Up & Down Wall Street, July 10). Its CEO, Alan Schnitzer, has done what great managers do: adapt before everyone else. He invested in technology, embraced artificial intelligence as a tool, tightened underwriting, and improved returns while competitors struggled. Berkshire Hathaway, by contrast, sits on roughly $400 billion of cash and Treasury bills. Cash is useful in a crisis. But too much cash for too long becomes a drag. Capital exists to earn returns, not to gather dust.

Robert Pescia On Barrons.com

The Dow's Flaws

To the Editor: The continued status of the Dow Jones Industrial Average as a primary market benchmark is baffling to me (" Oh, the Stories the Dow Can Tell. Lessons From the Index's Past 50 Years," The Economy, July 10). A price-weighted index of just 30 companies simply cannot compete in relevance or accuracy with market-cap-weighted indexes like the S&P 500 or the Nasdaq Composite, which track hundreds and thousands of equities, respectively.

G.B. Stuart On Barrons.com

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(END) Dow Jones Newswires

July 17, 2026 16:30 ET (20:30 GMT)

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