GuruFocus Premium Membership

Serving Intelligent Investors since 2004. Only 96 cents a day.

Free Trial

Free 7-day Trial
All Articles and Columns »

Oakmark’s Bill Nygren – Says Large Cap Stocks Highly Attractive, People Will Wish They Had Bought Financials

December 15, 2011 | About:
CanadianValue

CanadianValue

210 followers
He thinks investors are using the rearview mirror today.


Investors are buying bonds which have performed well over the past decade but have a mathematical impossibility of doing so going forward. Meanwhile investors are avoiding large cap stocks which have returned zero over the last decade but are cheaper than they have been since the fifties.

Specific stocks he discusses are: TE Connectivity (TEL), Mastercard (MA), Capital One Financial (COF).



About the author:

CanadianValue
http://valueinvestorcanada.blogspot.com/

Rating: 4.0/5 (9 votes)

Comments

PHILCIR
PHILCIR - 2 years ago
nygren doesn't know his a$$ from a hole in the ground. This is the same guy who believed in the Wamu story for a decade and insisted it was an undervalued. That the market had it all wrong. It was one of his largest holdings. Even worse than being wrong is that he couldn't see through siester kerry kilinger. Nygren is a classic value blabber mouth -- a lot like davis. Nygren will do well in a raging bull market which doesn't mean he has any skill.

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK