In his recent mid-year market commentary, Oakmark Fund Portfolio Manager Bill Nygren says that he “continue[s] to believe that today’s long-term investors will increase their capital more by investing in…
Day: July 15, 2009
The Expanding-Market-Share Fallacy?
When it comes to recessions, particularly bad ones like that which we’re seeing now, the strong survive. Good companies persevere, and pick up market share from their weaker rivals, which…