Notas del episodio
On this episode of AUM, we are joined by Bill Nygren, a renowned portfolio manager at Harris | Oakmark.
Bill details Harris | Oakmark's rigorous investment process, including the pivotal Tuesday meetings, devil's advocate reviews, and the importance of intellectual tension.
Bill also dives into some notable investments including General Motors and Delta Air Lines, the significance of management alignment, and the lessons learned from major investment mistakes like under-investing in Apple.
Timestamps:
00:00 Introduction to the Show and Guest
01:31 Bill Nygren's Early Passion for Investing
03:58 College and Early Career Experiences
07:56 Joining Harris Associates
16:26 The Harris | Oakmark Investment Process
18:58 Tuesday Meetings and Analyst Expectations
28:23 Mistake Managemen ...