FYI: ( Slide mouse to 20:00 minutes for Bill Nygren interview.)
Bill Nygren, legendary manager of the Oakmark Fund, discussed how the disappointment of the market late in 2018 actually was a great time for investors like him who want to buy businesses with solid long-term prospects at reasonable prices. With prices falling but earnings staying high, Nygren said investors could take advantage of the market becoming disconnected from its fundamentals. Currently, he likes financial stocks, consumer durables like automotive and industrial companies, and he's sour on supposedly safer investments like utilities, which he says are fully valued. Also on the show, Tom Lydon of ETFTrends.com had volatility on his mind with the ETF of the Week Economy, and David Brown of Sabrient Systems talked about his firm's latest Baker's Dozen of stocks in the Market Call.
Regards,
Ted
https://www.stitcher.com/podcast/moneylife-with-chuck-jaffeM* Snapshot OAKMX:
https://www.morningstar.com/funds/XNAS/OAKMX/quote.htmlLipper Snapshot OAKMX:
https://www.marketwatch.com/investing/fund/oakmxOAKMX Is Ranked #116 In The (LCB) Fund Category By U.S. News & World Report:
https://money.usnews.com/funds/mutual-funds/large-blend/oakmark-fund/oakmx
