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Finding Value in Financials

Brooke Sopelsa,|Writer/Producer
Wednesday, 15 Oct 2008 | 12:39 PM ET

Jonathan Vyorst, manager of the Paradigm Value Fund, sees opportunities in financials.

“The revised Paulson deal is very good for large-cap banks, and I think for the sector as a whole," he told CNBC. "We’re also looking at some brokerage firms that are well capitalized and should come out of this situation strong.”

“We’ve taken a position in...Goldman Sachs , we have a smaller position in Bank of New York and Bank of America , and these are very recent. These are things we put on last week and this week," he added.

In the small-cap space, Vyorst has been purchasing Jefferies and insurance company American Financial Group .

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  Price   Change %Change
American Financial Group
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BAC
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BK
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GS
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JEF
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