Top Performing Stock Fund Ignores Research

Kurt Kara, head of value equities at Copenhagen-based Maj Invest, considers reading brokerage research and meeting company CEOs a waste of time, according to a recent Bloomberg article, and the approach has led to a 16 percent average return in the Maj Invest Value Aktier fund over the last five years. “The best research,” says Kara, “is the one you generate internally. We want to create our own mindset, logic and reasoning.” He and his… Read More