Bill Nygren, CFA, chief investment officer-US equities at Harris Associates, which has $141 billion in assets under management, Chicago. He is a portfolio manager of funds including Oakmark Fund (OAKMX), which has returned 12.4% annualized for the past decade vs. 10.7% for the S&P 500. Oakmark.com
Legendary investor Bill Nygren says that these high-flying stocks are actually modestly priced and worth buying now.
