Details

Autor(en) / Beteiligte

• Tanzer, Andrew

Titel

4 Great Mutual Funds That Emulate Warren Buffett

Ist Teil von

• Kiplinger's personal finance, 2011-05, Vol.65 (5), p.1

Ort / Verlag

Washington: Kiplinger Washington Editors

Erscheinungsjahr

2011

Quelle

Business Source Ultimate【Trial: -2024/12/31】【Remote access available】

Beschreibungen/Notizen

• Four great mutual funds that emulate Warren Buffett's investment style are presented. Wally Weitz, who has held shares of Berkshire Hathaway continuously since 1976, has built a successful family of mutual funds based extensively on Buffett's investing principles. Over the past five years, Weitz Partners III Opportunity Fund returned an annualized 6.3%, an average of four percentage points better than Standard & Poor's 500-stock index. Bill Ruane was a pal of Buffett's, and the two learned the craft of investing at the feet of the godfather of value investing, Benjamin Graham. Ruane co-founded Sequoia Fund and compiled an outstanding record over decades, with an outsize chunk of assets devoted to Berkshire Hathaway. The fund, which has a 1.01% annual fee, returned 5.9% annualized over the past ten years, an average of three points better than the S&P 500.