Fortune: Yacktman Fund (YACKX) - Patience & Contrarian Style Pays Off

By Trader Mark
29 November 2009 @ 10:00 am EDT

I always enjoy reading success stories from the "little guy", especially in such a field as mutual funds which are dominated by giants.  [Sep 21, 2009: BW - The Beauty of Small Boutique Mutual Funds]  Further, I am always on the look out for fund managers who employ a completely variant strategy to myself, as (a) it is interesting to read about what they do and (b) they would offer a nice counterweight balance in a portfolio of mutual funds.  "Large cap value" is about as far in the investing spectrum from the strategy I run.  Fairholme Fund [Feb 3, 2009: Fairholme Funds (FAIRX) 2008 Report] is one such, "large cap value" yet "concentrated" mutual fund, as is Yacktman Fund (YACKX) which is the subject of this Fortune story. 

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