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Holly LaFon

Bill Nygren Comments on Bank of America

April 10, 2014 | About:
Another top performer was our largest position, Bank of America (NYSE:BAC). We still think the financial services sector is attractively valued, and with Bank of America, we are pleased to see investors recognize better visibility of higher future earnings and an enhanced capacity to return excess capital to shareholders.

From Bill Nygren (Trades, Portfolio)'s Oakmark Fund first quarter 2014 commentary.

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