Several top value managers who keyed on large stocks — to their portfolios’ detriment — in 2010 are continuing to focus on big blue chips as we head into 2011. Among them: Donald Yacktman, whose funds have trounced the market over the longer haul but lagged in 2010. “In 40 years I have rarely seen [...]
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Tag Archives: Donald Yacktman
Top Fund Manager Talks Strategy
December 20, 2010
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While most long-only equity funds have struggled in the past decade, Donald Yacktman’s two funds have returned 12.4% and 12.9% per year, respectively. And in a recent interview with The Wall Street Transcript (click here for a PDF) Yacktman and his two co-managers discussed how they’ve been able to do so well during such a [...]
Read moreYacktman: Bonds “A Real Dangerous Area”
November 2, 2010
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Top fund manager Donald Yacktman says government policies have him concerned about U.S. growth. Yacktman also tells Bloomberg that he’s still keying on high-quality companies that have fallen out-of-favor in the short term, and is seeing a lot of value in the healthcare sector. And he talks about the types of stocks that can deal [...]
Read moreYacktman Likes Pepsi — and Doesn’t Like Market Timing
September 8, 2010
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Donald Yacktman, who has an exceptional long-term mutual fund management track record, is continuing to find a myriad of values in the stock market right now, particularly among big blue chips. “I haven’t seen a period at least since the early 1990s when so many above-average companies have traded at below-average prices,” Yacktman tells Kiplinger’s [...]
Read moreYacktman on Microsoft, Oil, and … Jersey Shore?
July 30, 2010
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Top fund manager Donald Yacktman is high on some big-name stocks, including Viacom, ConocoPhillips, and Microsoft. Here he tells Bloomberg what he likes about some of his holdings, and what he thinks about oil prices.
Read moreYacktman Still High on High-Quality, and Thinking Globally
July 23, 2010
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Top fund manager Donald Yacktman is continuing to find the best values in high-quality companies, and has his long-term focus on companies with international exposure. “Last quarter we wrote that many holdings had gone from ‘the exceptional to the more than acceptable,’” Yacktman’s firm states in its second-quarter letter. (Click here for a PDF copy [...]
Read moreYacktman on How to Make Hay by Treating Stocks Like Bonds
June 21, 2010
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In an interview with WealthTrack’s Consuelo Mack, top fund manager Donald Yacktman talks about how he has been able to outperform 99% of funds in his category over the past 3, 5, and 10 years. “We think of stocks as though they were bonds,” Yacktman says. He says he determines an expected forward rate of [...]
Read moreYacktman Playing Defense, Waiting for Opportunities
May 28, 2010
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Donald Yacktman has been one of the top mutual fund managers of the past decade, and in a new interview with Barron’s he discusses parts of his value-centric strategy. According to Barron’s, Yacktman looks for well-run firms, particularly those whose stocks are getting beaten up. “When we buy something, we try to look at it [...]
Read moreTop Fund Managers Look to Large Caps
April 27, 2010
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Jeremy Grantham isn’t the only successful investor who’s finding big values in big stocks. Thomas Perkins and Donald Yacktman are among the investors with strong long-term track records now finding good buys in large-cap stocks, BusinessWeek reports. Perkins, whose Perkins Investment Management Mid-Cap Value fund has outperformed its peers by more than 4 percentage points [...]
Read moreYacktman Loaded Up on High-Quality Stocks
March 24, 2010
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Top fund manager Donald Yacktman is continuing to focus on high-quality stocks, instead of the lower-quality issues that led the market’s big rally last year. “It’s been a shift away from things that have more economic sensitivity toward things that are just more predictable,” Yacktman says, adding that his firm is “loaded” with high-quality stocks [...]
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