Value investor Bill Nygren (Trades, Portfolio), like every value investor, believes that price is what you pay and value is what you get.
With respect to Walmart (WMT, Financial), he doesn't currently own the behemoth but is watching as it gets more attractive.
Nygren's five- to seven-year view is that interest rates will be higher and global economies will be stronger. That is leading him to financial companies and cyclical commodity producers.
