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M* Conference: Q&A With Bill Nygren, Manager, Oakmark Funds: Video Presentation

TedTed
in Fund Discussions
FYI: Although not as cheap as it was, the stock market's valuation today isn't much different than long-term historical averages and is more attractive than competing investments like bonds and cash, says Oakmark's Bill Nygren.
Regards,
Ted
http://www.morningstar.com/Cover/videoCenter.aspx?id=701923

Comments

  • CharlesCharles
    edited June 2015
    Both Bill and Steve Romick basically discount if not outright ignore the Shiller/Grantham excessive P/E argument.
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