MFOHome About Commentary Discussions Funds The Best Resources Support Us!

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Sign In Register

Categories

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Q& A With Wally Weitz: Weitz Partners: Finding Value In Growth Stocks

TedTed
in The Bullpen
FYI: (Click On Article Title At Top Of Google Search)
Longtime value manager Wally Weitz has unperformed many of his peers in recent years, in part because he has been keeping a lot of his powder dry. Concerned about equity valuations, Weitz Investment Management has close to 20% of its holdings in cash in its long-only funds. Although its flagship $1.1 billion Weitz Partners Value Investor fund (ticker: WPVLX) has trailed the Standard & Poor’s 500 in recent years, it has good long-term performance. The fund’s 15-year annual return of 7.17% bests the S&P’s by more than 2.5 percentage points and places it in the top 15% of its Morningstar peer group. Based in Omaha, Neb., Weitz, 65, and his team oversee about $6 billion. Barron’sspoke by phone with Weitz and Brad Hinton, 46, the co-manager of Partners Value.
Regards,
Ted
https://www.google.com/search?newwindow=1&site=&source=hp&q=weits+partners+find+value+barron's&oq=weits+partners+find+value+barron's&gs_l=hp.3...1513.17586.0.17942.34.34.0.0.0.0.90.2154.34.34.0.msedr...0...1c.1.60.hp..13.21.1370.o8FKjOdkTSE

M* Snapshot Of WPVLX: http://quotes.morningstar.com/fund/f?t=WPVLX&region=usa&culture=en-US

Lipper Snapshot Of WPVLX; http://www.marketwatch.com/investing/fund/wpvlx

WPVLX Is Ranked #97 In The (LCB) Fund Category By u.S. News & World Report:
http://money.usnews.com/funds/mutual-funds/large-blend/weitz-partners-value-fund/wpvlx
Sign In or Register to comment.