“Active money managers have underperformed benchmarks for far too long in one of the greatest bull markets in history,” according to a recent article in Bloomberg. As a result, the…
Tag: Concentrated Funds
Fairholme Fund Manager Berkowitz Bets on Sears
Bruce Berkowitz, who was named mutual-fund manager of the decade in 2010, has seen his Fairholme Fund lose 89% of its assets from its 2011 peak due to poor performance—but…
Concentrated Investing: “Go Big or Go Home”
Concentrated funds, such as Putnam Capital Spectrum Fund and Putnam Equity Spectrum Fund, seem to take the active manager’s maxim “go big or go home” further than most, according to…
Managing Risk in Concentrated Funds
Concentrated investment funds are inherently risky, but that is why a good manager may make all the difference, according to a recent piece in Barron’s. The article profiles several concentrated…