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
Chuck Jaffe's Money Life Show 2/16/15: Guest: Stephen Yacktman, Co-Manager, Yacktman Funds
Good stuff on Yacktman: one of the real smart investment families in the business, they irritate me a little holding a lot of Cash (16%+/-) but results are superior & holding that much cash hard to argue with....Untouchable Holding VERY IMPORTANT: Note his comments on PRICE.....straight from Tampabay playbook..
In a nutshell: "The fund employs a disciplined approach and buys growth companies at low prices. It's known for a willingness to hold cash, and a strategy that performs well during periods when markets are shaky" USN
Comments
VERY IMPORTANT: Note his comments on PRICE.....straight from Tampabay playbook..
"The fund employs a disciplined approach and buys growth companies at low prices. It's known for a willingness to hold cash, and a strategy that performs well during periods when markets are shaky" USN