AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
5min chapter
TIP509: Value Analysis of Warner Brothers Discovery, Lithia Motors and Meta w/ Bill Nygren & Alex Fitch
We Study Billionaires - The Investor’s Podcast Network
Is There a Recession in the S&P 500?
The Oakmark Select Fund has underperformed the S&P 500 this year by quite a margin. The largest detractors to performance have been Meta, Charter and Alphabet. Phil: I think there's not enough appreciation for just how much the banks have changed over that period. Most of the recessions that I've been through in my career are more like what we were going through in the first half of this year.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode