Description:  Long-duration investing is about finding well-established companies to buy and hold for the next 10 years, according to fund manager Bill Smead, who favors pharmaceutical, housing and equity-fund plays. Matt Andrejczak reports.

Source: Marketwatch.com – video report
 
Date: 03/16/2010

Link: http://www.marketwatch.com/video/asset/value-investing-for-the-next-decade/49B13123-0A86-4B78-ACD1-85EF967190FC

Questions for discussion:

• Why do you believe investors are holding stocks for shorter time periods, in comparison to the past?
• Do you believe this behavior will likely continue?
• Do you agree with the industry and company valuations presented by Bill Smead?