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

Riding Out a Slump

April 11, 2006

Bill Nygren, manager of Oakmark Select fund, is a true superstar in the mutual fund constellation. Through 2005, his annualized return since launching the fund more than nine years ago was 19%, versus 8% for Standard & Poor's 500-stock index and 10% for the Russell 1000 Value index of large undervalued stocks. Our firm has long been a big fan of Nygren, and he is a sub-adviser to Masters' Select Value fund, for which Litman/Gregory is the adviser.

What's going on?

But Nygren's performance in the past couple of years has been relatively poor. Although Oakmark Select returned an annualized 14% over the past three years, it trails the Russell 1000 Value index by more than three percentage points annually and ranks in the bottom quartile of Morningstar's Large-Cap Value peer group. The more diversified Oakmark fund, which Nygren also runs, has done even worse.

The complete article

Rating: 5.0/5 (1 vote)


Please leave your comment:

Performances of the stocks mentioned by

User Generated Screeners

daftheadersg hk best
henrikLynch inspiret Oct 17
lajor10Low EV/EBITDA
canidPE >50th percentile of INDUSTR
brucexoct 17 user defined screen
AngryQuality Growth cheap
EnjoylifeDad 1
punjanoot2007a academy+joe
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)

GF Chat