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RWH058: Winning Ways w/ Bill Nygren

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Manage episode 490104887 series 1394353
Content provided by Stig Brodersen and The Investor's Podcast Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Stig Brodersen and The Investor's Podcast Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode, William Green chats with investing legend Bill Nygren, who oversees about $25 billion at Harris Associates. Bill is the firm’s Chief Investment Officer for US Equities & co-manages two flagship mutual funds: Oakmark Select & Oakmark Fund. Here, he discusses the processes, principles, habits & mindset that have enabled him to beat the market over three decades.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

05:32 - How Bill Nygren became a contrarian bargain hunter.

18:05 - Why sports gambling companies often refuse to take his bets.

47:56 - What three qualities he seeks in any company.

01:00:05 - How he scored big on Amazon, Google, Apple & Netflix.

01:11:11 - Why he never relaxes his disciplined focus on valuation.

01:16:04 - What he learned from hedge fund star Michael Steinhardt.

01:24:47 - How Bill’s team performs “Devil’s Advocate Reviews” for each stock.

01:33:55 - Why he developed his “Mistake Management Protocol.”

01:46:51 - How to succeed without ruining your health or your family.

01:46:51 - Why he discourages people from entering the investing business.

01:50:46 - What you must sacrifice to achieve greatness.

01:59:08 - How to succeed by aligning yourself with top-decile people.

02:07:13 - Why value investing isn’t dead.

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

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

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

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

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

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

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

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1081 episodes

Artwork
iconShare
 
Manage episode 490104887 series 1394353
Content provided by Stig Brodersen and The Investor's Podcast Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Stig Brodersen and The Investor's Podcast Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode, William Green chats with investing legend Bill Nygren, who oversees about $25 billion at Harris Associates. Bill is the firm’s Chief Investment Officer for US Equities & co-manages two flagship mutual funds: Oakmark Select & Oakmark Fund. Here, he discusses the processes, principles, habits & mindset that have enabled him to beat the market over three decades.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

05:32 - How Bill Nygren became a contrarian bargain hunter.

18:05 - Why sports gambling companies often refuse to take his bets.

47:56 - What three qualities he seeks in any company.

01:00:05 - How he scored big on Amazon, Google, Apple & Netflix.

01:11:11 - Why he never relaxes his disciplined focus on valuation.

01:16:04 - What he learned from hedge fund star Michael Steinhardt.

01:24:47 - How Bill’s team performs “Devil’s Advocate Reviews” for each stock.

01:33:55 - Why he developed his “Mistake Management Protocol.”

01:46:51 - How to succeed without ruining your health or your family.

01:46:51 - Why he discourages people from entering the investing business.

01:50:46 - What you must sacrifice to achieve greatness.

01:59:08 - How to succeed by aligning yourself with top-decile people.

02:07:13 - Why value investing isn’t dead.

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

NEW TO THE SHOW?

SPONSORS

Support our free podcast by supporting our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠sponsors⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠:⁠⁠⁠⁠⁠

HELP US OUT!

Help us reach new listeners by leaving us a ⁠⁠rating and review⁠⁠ on ⁠⁠Spotify⁠⁠! 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

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

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

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

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

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

  continue reading

1081 episodes

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