Bill Nygren
Bill Nygren
favorable few funds large loss realized tax
It's one of the few funds that is in such a favorable tax situation. The fund has a large realized loss and an unrealized loss.
concerned conference high internet level managers people risks stocks taking trade understanding
The people who own Internet stocks are taking on a very high level of risk. Myself and most of the other managers at the conference are concerned about people who own and trade those stocks not understanding the risks they're taking.
chicken division pay price separate
We're (exposed to the sector) in a chicken way ... I would never pay the price for that division if it were a separate company.