, who manages over $10 billion in his flagship Oakmark Fund, which has gained over 10% in the last year, is a fundamentals value investor. In this interview, he discusses several of his stock holdings, including financials JPMorgan (NYSE:JPM
), Capital One (NYSE:COF
) and Wells Fargo (NYSE:WFC
). He also talks about Apple (NASDAQ:AAPL
), the areas he's not invested in, such as bonds and stocks that look like bonds, such as those in the utilities, consumer non-durables, and why he likes share buybacks. "Three of the companies, Kohls (NYSE:KSS
), Northrop Grumman (NYSE:NOC
) and DirecTV (NASDAQ:DTV
) all repurchased more than 10% of their shares last year," he said.