Category Archive

In his recent Q4 2020 Market Commentary, Bill Nygren discussed his review of 2020, the rise of Barstool Sports’ Dave Portnoy as the new market guru, his sum-of-the-parts valuation of Facebook, and how value investors can benefit from ‘strong opinions weakly held’. Here’s an excerpt from the commentary: Unlike many … Read More

Oakmark recently released its latest commentary titled – Why Stocks Are Safer Than Cash, which provides a great illustration of why investing in stocks is safer than holding cash, if you’re prepared to consider a long time horizon. Here’s an excerpt from the commentary: If you ask most people whether … Read More

In a recent interview with GuruFocus, Oakmark’s Bill Nygren and Win Murray answered a number of questions on their value investing strategy, portfolio holdings, value traps, and how to deal with positions you’re holding that are running at a loss, but you believe remain undervalued. Here is Nygren’s response: Question: … Read More

During his recent interview with ET NOW, Bill Nygren discussed the impact of intangibles and GAAP accounting, what he looks for in prospective investments, and his thoughts on the current resurgence in day-trading, and why it will not end well. Here’s an excerpt from the interview: I think the problem … Read More

In his latest Q2 2020 market commentary Bill Nygren provided some great insights into his definition of ‘value stocks’ and the reasons why stocks with high P/E’s like Alphabet and Facebook can be considered value stocks. Here’s an excerpt from his commentary: Many strategists now claim that “value looks cheap … Read More

One of the best resources for investors are the publicly available 13F-HR documents that each fund is required to submit to the SEC. These documents allow investors to track their favorite superinvestors, their fund’s current holdings, plus their new buys and sold out positions. We spend a lot of time … Read More

In a recent interview with Barron’s famed value investor Bill Nygren explained why Alphabet and Netflix fall into the value stock category. Here’s an excerpt from the interview: You own Alphabet and Netflix. Those are not typical value stocks. One of the ways we differ from some value investors is … Read More

In this recent interview with Barron’s Roundtable, famed value investor Bill Nygren discusses how his firm, Oakmark Fund, hedges against the secular changes to traditional value investing. Here’s an excerpt from the interview: Q. You’ve had a great long-term track record, but the last couple of years have been tough. … Read More