Bill Ngyren is a respected value investor who manages in excess of $10 billion in the Oakmark Fund.  In this interview he discusses the attractiveness of financials and stocks that are buying back stock at discounts to intrinsic value.  Some of the stocks that they own are JPM, COF, WFC, AAPL, KSS, NOC, and DTV....Read More

Today we had some big news with the Federal Reserve announcing the results of the dramatic stress tests.  As a whole the US banking industry did quite well, which is to be expected considering they have double the capital that they had three years ago. I was somewhat surprised to see Citigroup, which has one...Read More