Wallace Weitz: My Outlook: Higher Market Volatility -- More Investment Opportunities
He is still positive with Fannie Mae, Comcast, Countrywide Financial, Redwood Trust and Tyco. These stocks have sent down after he bought. His outlook, "It does seem plausible, though, that there may be pockets of weakness that cause the markets to be more volatile than they were last year... This should not necessarily frighten us - a little volatility can be helpful to value investors".