1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Articles (4603) 

Oakmark's Bill Nygren - Five Years from Now We Won't Even Remember These Cyprus Issues

March 28, 2013 | About:

When asked about the market and the current Cyprus issues, Bill Nygren returns the welcome answer: "At Oakmark we try and think about where things are going to be five years from now."

Nygren doubts that five years from now investors will even remember that there was a Cyprus issue.

Nygen thinks the more important thing today for investors is to be aware of is that the US stock market is not expensive relative to its historical valuation and it is not expensive relative to other asset classes.

Overall, he thinks the stock market is pretty cheap. His favorite sectors are technology, financials and industrials.

About the author:


Rating: 3.0/5 (9 votes)


Please leave your comment:

GuruFocus Mobile App

User Generated Screeners

akhandOld Faithful
carlecholsOld Faithful
herb.singhLow debt high ROIC with cheap
cpetrouRees-ALL countries plus rev gr
cpetrouPetain Mini Buffet-ALL countri
cpetrouRees-US plus rev growth
rmaluskiWatchlist (NC)
Gina ZhangSmall/Mid Cap
DBrizanHigh Quality 4May2016

Select portfolio(s):

  • Loading...

Why you are interested?

Your selection and notes will be stored in your portfolio.

Login to add portfolio
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)