Oakmark's Value Investing Strategy

Oakmark takes a private equity approach to valuation. Value the company is if you were going to buy it outright, he says. Oakmark also looks for things that have underlying growth in the business and clear path to earning above cost of capital.

Transcript

chevron_right

Play full episode

chevron_right

Transcript

Episode notes

Clay Finck chats with Tony Coniaris about the investment process and philosophies at Oakmark, Netflix as a value investment, Netflix stock valuation, and much more!

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

01:50 - Oakmark’s criteria for a quality value investment.

07:44 - What it means to have a bottoms up investment approach rather than a top down approach.

11:39 - Why Netflix qualifies as a value investment for Oakmark.

15:30 - Tony’s thoughts on the volatility of the stock’s price action.

18:13 - How Tony thinks about valuing Netflix.

30:20 - Tony’s thoughts on a recent addition to Oakmark’s holdings - Willis Towers Watson.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Check out the Oakmark Funds.
See Oakmark’s Commentary.
Related episode: Listen to MI138: Fiserv Deep Dive w/ Bill Nygren & Mike Nicolas, or watch the video.
Related episode: Listen to TIP430: From Facebook to Meta and Beyond w/ Bill Nygren, or watch the video.
Get a FREE audiobook from Audible.

NEW TO THE SHOW?

Check out our Millennial Investing Starter Packs.
Browse through all our episodes (complete with transcripts) here.
Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance.
Enjoy exclusive perks from our favorite Apps and Services.
Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
Learn how to better start, manage, and grow your business with the best business podcasts.

SPONSORS

Support our free podcast by supporting our sponsors:

⁠CFI Education⁠
⁠Airbnb⁠

Connect with Oakmark: Website | Twitter

Connect with Clay: Twitter

HELP US OUT!

Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app

Home Top podcasts Popular guests