Top fund manager David Herro, who benefited from emerging market stocks in the 2000s, is now finding little opportunity among them. ”It all has to do with price,” Herro tells Bloomberg. He says his fund went big into emerging markets in the late 1990s, but has pared back more and more as prices have gone up. […]
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Tag Archives: David Herro
Herro Buying On Fear
April 16, 2013 
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Oakmark’s David Herro has been one of the most successful fund managers in the world over the past two decades by keying on unloved stocks, and he is continuing to focus his efforts on fear-filled areas of the market. “If there’s no fear, you’re not going to get a bargain, because then the company’s good […]
Read moreHerro Looks to Japan, Tech Stocks
December 5, 2012 0 Comments
Top fund manager David Herro is keen on Japanese stocks and technology shares as 2013 approaches. “The year has the potential of being a very good year for stocks,” Herro tells Bloomberg. “One really has to look at Japan. It’s been the global equity market that has underperformed.” Herro also says the underperformance of tech […]
Read moreHerro Talks Europe, Japan, and China
November 1, 2012 0 Comments
Oakmark’s David Herro says he’s finding opportunities in beaten-down shares in Japan and Europe, but is wary of Chinese stocks. Herro tells Barron’s that Japanese stocks are extremely cheap, and Japanese blue chips are starting to do a better job of using their cash and increasing margins. In Europe, he says he’s looked for good, […]
Read moreHerro: Value Is In Stocks
October 22, 2012 0 Comments
Oakmark’s David Herro says global equities remain a “good asset class”, and thinks that a Mitt Romney presidency would mean good things for the U.S. economy. Herro tells Bloomberg that a decrease in regulation would mean less uncertainty for Corporate America under Romney, which would boost the economy. He also says valuations of equities are […]
Read moreHerro Still Keen on Europe
October 9, 2012 0 Comments
While many investors continue to avoid European stocks amid the continent’s debt crisis, top fund managers David Herro and Rob Taylor are still betting big on European stocks. In their third-quarter letter to Oakmark International fund shareholders, Herro and Taylor say that 70% of their fund — which has trounced the broader market over the […]
Read moreHerro on Why He’s Not Afraid of Europe
June 22, 2012 0 Comments
In a wide-ranging interview with Fortune, top fund manager David Herro talks about why he’s loaded up on European financial stocks, and offers some interesting insights about his longer-term investment approach. “Eventually they’re going to get these problems solved,” Herro says of Europe. “If you look at the economic history of the world, problems come […]
Read moreHerro: Don’t Fear All European Banks
May 30, 2012 0 Comments
Top fund manager David Herro says the European debt crisis doesn’t mean investors should avoid European financials. In fact, he says the fear surrounding the crisis has created several bargains among those firms. “We are not believers that the European banking system is trashed for generations,” Herro tells Bloomberg. He says the system does of […]
Read moreHerro: Great Time to Be a Bottom-Up Investor
May 25, 2012 0 Comments
While it seems that all of the investment world is fretting over Europe’s debt woes, top fund manager David Herro of Oakmark is seeing a big opportunity. “As we all watch the macro playing out in Europe and elsewhere around the world, we’re thinking that this is a great time to be a bottom-up international […]
Read moreHerro on the Bond/Stock See-Saw
April 13, 2012 0 Comments
Oakmark’s David Herro, a Morningstar Fund Manager of the Decade, says that while investors have been loading into bonds in recent years, he’s beginning to see a shift back toward stocks. “At some point, and I think we’re already starting to see some investors budging, you will see movement out of bonds and into equities, […]
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