43 ordspråk av Bill Nygren
Bill Nygren
In the long-run, it's inevitable that stock prices move toward their true intrinsic value, ... A move toward rationality would be very good for our portfolio.
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It offers the best of all possible worlds.
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It sends a message to the board.
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It's amazing how fast the invisible hand of competitive marketplaces is correcting these problems. Two years ago you saw almost no new research come out after the annual 10-K filing. Now when a company comes out with its 10-K, you see half a dozen analysts immediately coming out with a report analyzing all the details.
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It's one of the few funds that is in such a favorable tax situation. The fund has a large realized loss and an unrealized loss.
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Most of us are very, very skeptical about what long-term success day traders will be able to have. I think they will be badly disappointed.
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So far, so good,
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That type of monthly decline was unprecedented, ... We were not comfortable with management's explanation as to why it happened.
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That type of monthly decline was unprecedented. We were not comfortable with management's explanation as to why it happened.
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The best way to maximize the value is to solicit bids for the company.
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The company has dramatically underperformed, ... This sends a message to management.
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The company has dramatically underperformed. This sends a message to management.
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The fee, in effect, reimburses the funds for the costs short-term traders create,
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The fee, in effect, reimburses the funds for the costs short-term traders create.
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The most effective way to prevent the exploitation of our long-term shareholders is to charge an appropriate fee to short-term traders.
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