Although not as cheap as it was, the stock market's valuation today isn't much different than long-term historical averages and is more attractive than competing investments like bonds and cash, says Oakmark's Bill Nygren.
Characteristics inherent in ESG could give investors an edge.
Top managers continue to find opportunities for some new-money purchases, while taking full advantage of a rising stock market to book gains in shares trading above their fair value estimates.
A look at how some of our favorite funds measure up using Morningstar's price/fair value ratio.
Where did Nygren go wrong?
Oakmark case raises tough issues and could be headed to the Supreme Court.
Which funds generated the greatest dollar returns in 2005?
Morningstar's Christine Benz recommends these tried-and-true value-leaning stock funds, still-open foreign-stock favorites, and TIPS funds for investors who want to tilt against the grain.
Top managers were finding new places to put money to work and adding to existing high-conviction ideas in the first quarter.