Mispricing = | intrinsic value – current price | > 0
Tuesday, August 21, 2007
Investing Q&A : Riding Out the Storm with Quality Stocks
Like Warren Buffett, Larry Coats of Oak Value Fund sticks with companies that are understood and valued. Top holding: Berkshire Hathaway
BusinessWeek's Karyn McCormack met with Coats in New York on Aug. 14, and they talked about how he's navigating the market storm. Edited excerpts of their conversation follow.
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