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 (4624) 

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:

More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

Performances of the stocks mentioned by CanadianValue

User Generated Screeners

HOLKLSUCut the Mustard Chemicals Meta
oskouiJap - PioEY
oskouiCanada - PioEY
OGCAMGUpdated Bad Current Ratio 2017
sbeccuegf10YR 10% BOOK
sbeccuegfBANKS 10 ROE
stewloewySL-Default Template
rmaluskiOE + Div Growth Hold List
pbarker4638 Profitable Quarters
vvalsecchiGuru Screen
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)