

Bill Nygren - A Modern Approach to Value Investing
Mar 11, 2025
Bill Nygren, a prominent portfolio manager at Harris | Oakmark, shares his insights into value investing. He discusses the rigorous investment process that includes pivotal Tuesday meetings and the importance of intellectual tension. Nygren highlights notable investments like Delta Air Lines and General Motors, emphasizing management alignment with shareholder interests. He reflects on lessons learned from major mistakes, including undervaluing Apple, and offers valuable advice for aspiring investors, stressing the need for passion and curiosity in the field.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8
Intro
00:00 • 2min
The Journey into Value Investing
01:32 • 24min
Collaborative Investment Decisions
25:54 • 6min
The Value of Intellectual Honesty in Investment Culture
32:19 • 3min
The Role of Macroeconomic Perspectives in Long-Term Investing
35:36 • 2min
Valuing Overlooked Industries
37:48 • 17min
Valuable Lessons from Investing Mistakes
54:42 • 3min
Embracing Passion and Curiosity in Investing
58:12 • 3min