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Yacktman: Taking Advantage of a Casino Mentality

Manager Don Yacktman says the decline in trading costs along with the natural volatility of stocks is creating opportunities for value managers focused on the long term.

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Kevin McDevitt: Hi, I'm Kevin McDevitt with Morningstar. We're here at the Morningstar Conference with Don Yacktman from the Yacktman Funds. Don, thanks for joining us today.

Donald Yacktman: Happy to be here.

Kevin McDevitt does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.