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Where to Invest in 2013

- 2012-12-06T17:56:29Z

Company Symbol % Change
2 of 10

David Herro

Portfolio Manager
Harris Associates LP

The $9.2 billion Oakmark International Fund Herro manages beat 98 percent of its peer group in the five years ended on Nov. 9.

Invest In Japan -- and Tech

"The year has the potential of being a very good year for stocks. One really has to look at Japan. It's been the global equity market that has underperformed. That's one area geographically; one area from an industry perspective is technology. Technology shares have really lagged. In 1999, people were happy to pay 30, 40, 50 times earnings for some of these stocks. Now, many trade at 8, 9, 10, 11, 12 times earnings. They are still good businesses."