Top Manager: Focus on High-Quality Stocks, Repeatable Strategy

Donald Yacktman, whose was Yacktman and Yacktman Focused funds are both in the top 1% of their category for the past one, three, five, and ten years according to Morningstar, says he thinks high-quality stocks are now offering more value than the lower-quality picks that have surged during the rally. Yacktman, a bottom-up stock-picker whose funds have both averaged annual returns of more than 9% over the past 10 years while the S&P 500 has been in the red, also tells Bloomberg News about one of his favorite financial plays right now, and why patience, long-term thinking, and using a […]