On Friday, Consuelo Mack aired an interview with value investor Mark Holowesko. Holowesko was the successor to Sir. John Templeton as investment manager of the Templeton funds (a role he entered at 27!). There’s a lot of good info in this interview.
Money quote: “Not only are stocks historically cheap, but the best quality names are at a discount to the market as well. Typically you have to pay up for quality; today you don’t. I think people really underestimate how cheap stocks are today”