The media is hyping the recent market turmoil to trouble in China.
Bill Nygren (Trades, Portfolio) would like to remind investors that we really don't need much of a reason for the market to experience a 10% correction.
He would also like investors to think about how much impact a Chinese hiccup really has on the value of a business that is determined by the amount of cash that it is going to generate over the next 10 years and longer.
In the interview below Nygren discusses China and some specific investment ideas:
