Value Pack
This fund thinks portfolio diversity is overrated.
Don Yacktman has been a fan of value investing for years-and hisYacktman Focus fund (YAFFX) shows it. Through December 13, thefund--with only 25 stocks in its portfolio--was up more than 14percent, while other mid-cap value funds were underwater by about16 percent, according to Lipper Analytical Services.
"We buy profitable businesses that have returns on sales,low prices, and management teams that do a good job at capitalallocation," says Yacktman, who's managed the fund sinceits inception in 1997.
Black Friday Subscription Sale - Unlock this subscriber exclusive article and more for 50% off today.
Access all Entrepreneur content with no ads, unlock discounts, and get exclusive advice only available to our subscribers. Plus, our magazine delivered straight to your door.
Get 50% off an annual subscription today. Just use code SAVE50 at checkout.
Entrepreneur Editors' Picks
-
Online Scams Are More Sophisticated Than Ever. Here's How to Shop Safely on Black Friday and Cyber Monday, According to a Cyber Intelligence Expert.
-
This Guy Saved Barbie From Cultural Extinction. He Did It by Asking One Big Question.
-
The Top 5 Hot Franchise Categories for 2023, According to One Industry Expert
-
Why Can't We Resist Black Friday and Cyber Monday? A Behavioral Economist Explains the Psychological Forces That Make Sales Irresistible.
-
I Couldn't Sleep. I Obsessed Over My Failures. Then I Found the Weirdest Cure.
-
This Pitch Scored a $250,000 Investment — But It Almost Didn't Happen
-
Employees Were Demanded to Go Home. Here's How We Invite Them to Come Back.
