The Third Pig

All Star Investor Says The Market Is Still Cheap

http://www.brickfinancial.com/thethirdpig/archive/2009/05/all_star_investor_says_the_mar.html

Posted by Ben Taylor on May 29, 2009 04:55 PM

We follow several investors whom we respect and share our value investing philosophy. These investors tend to deviate from the crowd in their opinions whether the market is cheap or overpriced (video), how to approach buying, how to value companies, and whether or not it's time to buy or sell. Bill Nygren of the Oakmark Funds is one of those investors.

In a recent interview with CNBC (video) Nygren says (actually he's quoted as saying):

"Almost everything in the stock market sells below our business value estimate."

Quite a statement. It's a great time to invest.












Disclosure: none

Posted by Ben Taylor on May 29, 2009 04:55 PM

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