Frontier Capital Management Company, LLC specializes in growth and value equity investments on behalf of institutional and individual clients. Yacktman Asset Management, managed by the well-respected Donald Yacktman, was founded in 1992. The fund purchased 117,500 shares of Booking Holdings, giving it 3.68% portfolio weight. or any of the policies, activities, products or services offered on Jason is a co-manager for AMG Yacktman Focused Fund and AMG Yacktman Fund and is a member of the Management Committee. Brenntag AG has a market cap of 7.42 billion euros; its shares were traded around 48.00 euros with a price-earnings ratio of 16.05 and price-sales ratio of 0.58. GuruFocus rated Beiersdorf AGthe business predictability rank of 2-star. From time to time, the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. MORE: This website is designed for display in modern browsers. He thinks back to how close he was to losing his daughter. This profile may include a firm or advisor that has a business relationship with SmartAsset, in Copyright 2023 AMG Funds LLC. Forget the image of trading floors or hedge funds Yacktman isnt trying to out-trade or outsmart other investors on a daily basis. The content in this profile was updated by SmartAsset on 04/01/2022 using publicly available data Mr. Sues holds a BA in business administration from Mount Union College and an MBA from the University of North Carolina Kenan-Flagler Business School. But because her pons the part of the brain near the spinal cord that controls voluntary movement was nearly destroyed during the stroke, she was told she would never move below her eyes again. Don got the news the next morning on a call from his daughter Melissa. The level of the rating relates to the level of expected net alpha relative to Morningstar category peers for passive funds. Yacktman Asset Management is a boutique investment firm located in Austin, Texas. Stephen Yacktman Start Date Tenure Tenure Rank Dec 31, 2002 19.43 19.4% Mr. Yacktman is Chief Investment Officer, Partner, and Portfolio Manager of Yacktman Asset Management. What Happens When Corporate Earnings Fall? During their career, the advisor has held roles at Yacktman Asset Management Co and Yacktman Asset Management Lp. 56% of rolling five-year periods since Stephen Yacktman's tenure began in December 2002, it . GW&Ks founding principles of applying rigorous fundamental research, focusing on quality, and maintaining a long-term view still guide its investment process today. Fox Corp. has a market cap of $23.91 billion; its shares were traded around $38.21 with a price-earnings ratio of 24.86. The issuers of the Funds holdings may be involved in bankruptcy proceedings, reorganizations, or financial restructurings, and are not as strong financially as higher-rated issuers. Answer a few questions to get a personalized match. The stocks first-quarter share price averaged $1,120. Click here to view Index Definitions. Current performance may be lower or higher than the performance data quoted. Working with an adviser may come with potential downsides such as payment of fees We employ an objective, patient, and diligent investment approach and seek to achieve superior investment returns over a full market cycle. Mr. Yacktman was a finalist for Morningstar's Domestic-Stock Manager of the Year award in 2011. For performance information through the most recent month end please call 800.548.4539. It was an ugly drive, he recalls. Offers may be subject to change without notice. The Yacktman Fund sells companies that no longer meet its investment criteria, or if better investment opportunities are available. Yacktmans not a gunslinger, nor does he think hell beat the S&P 500 every year. The stocks fourth-quarter share price averaged $1,785. . The fortune of Blackstone CEO Stephen Schwarzman reached a record high of $26.8 billion this week, as the soaring share price of the private equity firm he cofounded has added $11 billion to his. The Firm believes diversified portfolios of the stocks of companies meeting its quality-growth criteria, purchased at reasonable prices, offer superior risk-adjusted returns over the long term. status, investment goals and advisor preferences, which are all important topics to consider when Since inception, it returned 10.17% versus 9.2% for the index. Please click OK below to leave the AMG Funds site and proceed to the Explore the independent boutique investment firms that manage our broad array of mutual funds and SMAs, Select a logo to learn more about that boutique. Both current and future portfolio holdings are subject to risk. information posted to third party web sites. He then moved himself and his entire business there too. which SmartAsset is compensated for lead referrals. The Russell 1000 Value and the S&P 500 Index are provided for illustrative purposes only, are unmanaged, reflect reinvestment of income and dividends, and do not reflect the impact of advisory fees. Dr. De Georgia says that as impressive as her progress has been, Jenny can still recover much more. The stock prices of individual companies can vary significantly over short periods of time, and such price movements are not always correlated with changes in company fundamental performance. He answers his phone himself. BCAM is headquartered in Boston, with offices in San Francisco. During this presentation, the Yacktman Asset Management team discussed quarterly updates to the AMG Yacktman Fund (YACKX) and the AMG Yacktman Focused Fund (YAFFX, YAFIX). The risk-averse fund declined 3.8% versus the 13.52% drop in the S&P 500 for the fourth quarter. Assume, for a moment, I had made a similarly-sized investment mistake in the 1990s, one that flat-lined and simply retained its $1.3 billion value in 2022. When they purchase stocks, they generally search for companies they believe to possess one or more of the following three attributes: Shareholder-Oriented Management Please validate that you are an investment professional by submitting your business email. To report any data inconsistencies or errors, please contact Investments in international securities are subject to certain risks of overseas investing including currency fluctuations and changes in political and economic conditions, which could result in significant market fluctuations. Heptagon Yacktman U.S. Equity. She has financial resources, a loving family, and a young body. Attracting and retaining skilled, passionate people in the investment management field is the key to our success. As the exclusive distribution arm of AMG, we are your single point of access for mutual funds and separately managed accounts from our independent investment managers. the site, or by any advertiser on the site. From 2010-2013, he was the founder and author of Value Uncovered, an investment website focused on value-oriented stock research and fundamental analysis. For performance information through the most recent month end please call 800.835.3879 or In 1982, Yacktman was wooed by Vincent Chesley to manage Selected American Shares, a portfolio worth $76 million which he primarily managed using his investment mantra of selecting shares of small companies, referred to as "bargains". Hes been transferring control of the funds to his second-oldest son, Steve, 42. He was profoundly impacted by Sinquefield's argument that "active management does not make sense theoretically and isn't justified empirically". TimesSquare is a growth equity specialist. The performance data shown represents past performance. After his funds thrived in the aftermath of the dotcom bust, when Yacktman was gaining national attention, he was going through some of the darkest moments of his life. How does he beat the market? He joined the firm in 2013 and is portfolio manager for the AMG Yacktman Special Opportunities Fund. For example, they recently loaded up again on Procter & Gamble, which Steve says is at the tail end of a cycle of contracting margins. The firm strives to achieve solid risk-adjusted returns over time. With her straight blond hair, striped shirt, and corduroy pants, she looks like an L.L. The first time I heard I wasnt going to speak, I thought, Yeah, right, Jenny says, sitting in her wheelchair in her expansive living room in Austin with windows looking 20 miles out on the horizon. An active, global equity ESG investment manager and a leader in impactful shareowner engagement since its founding in 2003, BCAM is majority women- and employee-owned. Two months after the stroke, she returned home from the hospital. The Ranking may reflect the waiver of all or a portion of the funds fees. It is a subjective evaluation performed by Morningstars manager research group, which consists of various Morningstar, Inc. subsidiaries (Manager Research Group). As of 12/31/2022. Beiersdorf AG has a market cap of $23.74 billion; its shares were traded around $21.01 with a price-earnings ratio of 29.16 and price-sales ratio of 2.94. business relationships that might exist between SmartAsset and the named financial professional and She can speak full sentences now too, though her speech comes out garbled and soft. And you need to be very, very patient.. The Firm believes diversified portfolios of the stocks of companies meeting its quality-growth criteria, purchased at reasonable prices, offer superior risk-adjusted returns over the long term. For performance information through the most recent month end please call 800.548.4539. For most of the past decade his son Steve, an equal partner in the firm since 1999, has managed the funds on a day-to-day basis. Top 10 Holdings (3/31/2008) Fund Facts (3/31/2008) For this and other information, please call 800.548.4539 or visit www.amgfunds.com for a free prospectus. The fund invests primarily in domestic equity securities. Whats his secret? Comanagers Stephen Yacktman and Jason Subotky are not strict value investors, but they are very valuation-conscious. The business offers a wide assortment of . For actively managed strategies, people and process each receive a 45% weighting in their analysis, while parent receives a 10% weighting. Construction is still under way Steve and the firms other partner, Jason Subotky, designed it but its already obvious that this is a different place from the modest space two floors below. Some of the information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. selected site. TheYacktman Fundgained seven new positions in the first quarter, though some came from changes in its existing companies. redeemed, may be worth more or less than their original cost. Yacktman Asset Management, an investment management firm, released its Yacktman Fund Q3 2022 investor letter. Mr. Yacktman: Assets at the end of the most recent quarter were in excess of $11 billion for AMG Yacktman Focused Fund and $13 billion for AMG Yacktman Fund. Way in the back corner, Don Yacktman is enjoying his usual: a plate of lean brisket, peppered turkey breast, potato salad, and baked beans. state: Please visit their SEC profile for more details. You wont find a more patient investor one whos seemingly programmed to withstand the whipsaw stock market of today, with its fiscal cliffs and earnings uncertainty than Yacktman. In 2008 and 2009, when most investors could barely stay afloat, Yacktmans investors realized how profitable the strategy was. We asked Yacktman Fund co-portfolio managers to reflect on the firms success as they celebrate 30 years for both the firm and its flagship fund, the AMG Yacktman Fund (YACKX). Find contact's direct phone number, email address, work history, and more. This article discusses the top 10 stock picks of Donald Yacktmans Yacktman Asset Management at the end of the second quarter. platform based on information gathered from users through our online questionnaire. BCAM is headquartered in Boston, with offices in San Francisco. Basic Info. Yacktman employs a disciplined investment strategy, buying growth companies at what it believes to be low prices. 7,745 views Unrated Categories Buildings > Homes - Celebrity - Business Comments Policies In this article, we discuss the 10 dividend stocks to buy according to Donald Yacktman's hedge fund. His son Brian, 33, remembers Don hiring him out of business school for $35,000 less than the going rate for MBAs. For certain peer groups where standard benchmarking is not applicable, primarily peer groups of funds using alternative investment strategies, the modification by alpha dispersion is not used. Yacktman owns this 9,300 sqft home as well as the baseball diamond next door. Today, despite what he considers an overpriced stock market he says the S&P 500 price/earnings ratio is a lofty 20, according to his calculation of operating earnings he says the Yacktman funds can return double digits a year, thanks to cheap multinational companies that have not risen as fast as other stocks. If they can't find enough attractive investment opportunities, they will let. In 2004, his daughter Jenny suffered a stroke at age 30. An increase in interest rates typically causes the value of bonds and other fixed income securities to fall. In 1992, Matson attended a debate between the renowned portfolio manager Donald Yacktman and little known economist Rex Sinquefield on the merits of passive management vs. active management. review the ongoing performance of any Adviser, participate in the management of any users account by Huntsman Corporation (NYSE:HUN), Oracle Corporation (NYSE:ORCL), and Cisco Systems, Inc. The trailing 12-month dividend yield of Beiersdorf AG is 0.79%. Yacktman Asset Management is an Austin, Texas-based investment firm with a focus on value equity investing. Booking Holdings Inc. has a market cap of $82.81 billion; its shares were traded around $1,839.79 Wednesday with a price-earnings ratio of 22.08 and price-sales ratio of 6.08. an Adviser or provide advice regarding specific investments. Data Sources: BoNY, FactSet, Bloomberg and ICE Data Analytics. Copyright 2023 AMG Funds LLC. See our most recent investment and planning ideas. Harding Loevner manages global and non-U.S. equity portfolios following a consistent philosophy focused on long-term investment in growing companies with high-quality fundamentals. Grandeur Peak Global Opportunities Instl* 10.2 Morningstar grouped it with foreign/global CATEGORY AVERAGE 4.8% CATEGORY AVERAGE 7.9% stock funds in 2017. According to the latest 13F filing submitted by Mr. Their team of investment professionals still share the same entrepreneurial spirit which drives the way they serve their institutional clients globally. Hedge Fund Net Worth $10.04B Donald Yacktman manages more assets than 51% of other Hedge Fund Managers Average Return +25.50% Since Last Filing Last 12 Months 3 Years (Annualized) Portfolio Breakdown by Sector Portfolio Breakdown 19.09% Technology 17.75% Utilities 17.21% Consumer Goods 15.08% Financial 12.24% Services 6.24% Healthcare Explore client engagement resources, advisor focused insights and expert views from our affiliates. Each of his children can tell a story about his frugality. Answer a few questions andget matched with an advisor. Age, Height, and Weight Being born on 6 August 1967, Steve Easterbrook is 55 years old as of today's date 28th February 2023. On July 25, Don Yacktman announced that his son, Stephen Yacktman, had taken over as sole chief investment officer of Yacktman Asset Management, the subadvisor to Gold-rated Yacktman (. Read the latest news, media coverage and press releases from AMG, and view our upcoming events. Alphabet Inc. had an annual average earnings growth of 15.30% over the past 10 years. After prescient bets on beat-up stocks like Viacom and News Corp., the fund skyrocketed 99% from the end of 2008 through mid-November, scorching 98% of competitors as well as the overall market. This approach was developed by River Roads founders and occupies a distinct niche within value investing styles. Consumer defensive stocks occupied the greatest space at 30.83% of the portfolio, followed by technology at 27.92% and consumer cyclical at 10.36%. Powered and implemented by Interactive Data Managed Solutions. Yacktman owns this 9,300 sqft home as well as the baseball diamond next door. The firms equity strategies use bottom-up, fundamental research to invest in high-quality companies trading at discounts to their business value. Founded in 1982, Pantheon is a leading global private equity fund investor, managing private equity funds and separate account programs for investors around the world. Jason Subotky and Adam Sues discuss their eclectic approach to value and how they manage their storied fund. Stephen King Net Worth: $400 Million Stephen King is an acclaimed author of contemporary suspense, fantasy, horror, and science fiction. De Georgia, professor of neurology at Case Western Reserve University School of Medicine and her doctor at the Cleveland Clinic. The firm was founded upon a proprietary Absolute Value investment discipline. The 71-year-old with a broad build and bald pate is thriving in the slumping, post-crisis world of stock mutual funds. It handles $18 billion in assets across its 780 accounts, making it one of the largest investment advisory firms in the nation by assets under management. Purchase or redeem shares. The firm manages both funds and segregated portfolios for institutional and retail investors globally. Such opportunities do not always occur in correlation with overall market performance trends. The Manager Research Group uses this five-pillar evaluation to determine how they believe funds are likely to perform relative to a benchmark over the long term on a risk adjusted basis. He joined the firm in 2013 and is portfolio manager for the AMG Yacktman Special Opportunities Fund. Since 1992, Yacktman Asset Management has navigated multiple market cycles while adhering to a disciplined investment approach. CHIEF INVESTMENT OFFICER, PARTNER, AND PORTFOLIO MANAGER. Frontier Capital Management Company, LLC specializes in growth and value equity investments on behalf of institutional and individual clients. Yacktman believes this approach combines the best features of growth and value investing. Founded in 1978, Renaissance Investment Management is a registered investment advisor based in the greater Cincinnati, Ohio, area. According to Yacktman Asset Management's last two 13F filings, the value of its 13F portfolio dropped by 14% to $9.64 billion at the end of June from $11.2 billion at the end of the first . Click here to get matched with an advisor today. (Also, in planning for his firms continuation beyond his death, this summer Don sold a controlling equity stake to Affiliated Managers Group (AMG), which owns other respected asset managers, including Tweedy Browne. The Fund seeks long-term capital appreciation through an intrinsic value-oriented investment approach. And many did. Past performance is no guarantee of future results. The funds are bound to have losers each year, just like the blackjack player who loses before he eventually wins. The fund purchased 4,305,280 shares of Beiersdorf AG, giving it 1.62% portfolio weight. Yacktman is one of the worlds most successful mutual fund managers, yet you would never know it. With approximately $17 billionof assets under management, Yacktman is a highly-regarded investment manager specializing in large-cap equities through a unique, value-oriented approach. The firm strives to achieve solid risk-adjusted returns over time. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. Our Team Stephen Yacktman Jason Subotky Russell Wilkins Adam Sues Molly Pieroni Chase Frock, CFA Brandt Dusthimer, CFA Jon Danielson Donald Yacktman But nothing prepared him for this. Explore client engagement resources, advisor focused insights, and expert views from our affiliates. Each holding now accounts for roughly 5% of Berkshire's net worth, akin to its weighting long ago. Some analysts and investors believe that value investing will achieve a comeback in the foreseeable future, as growth stocks have outperformed value stocks by a wide margin in the past several years. Mark interprets her sign language as she describes a typical day spent jetting around the house in her wheelchair to hug her kids before school, write blog entries from her basement office outfitted with a 64-inch computer screen (she has movement back in her right hand), and post updates to Facebook and Pinterest. AMG Funds provides access to a wide array of separate account strategies managed by a number of AMG's Affiliate investment managers. Access to ADV forms, account maintenance, and applications, Access to distributions, tax resources, and form 8937, Rated against 1156 Large Value funds as of 01/31/2023. You are now leaving the AMG Funds web site: For certain peer groups where standard benchmarking is not applicable, primarily peer groups of funds using alternative investment strategies, a Morningstar Analyst Rating of Gold, Silver, or Bronze reflects the Manager Research Groups expectation that a fund will deliver a weighted pillar score above a predetermined threshold within its peer group. Should You Consider Adding U-Haul Holding Company (UHAL) to Your Portfolio? selected site. Shares traded for an average price of $57.91 during the quarter. Access your AMG Funds account. FORTUNE may receive compensation for some links to products and services on this website. In 2006 he was named Co-Chief Investment Officer and Senior Vice President of Yacktman Asset Management. As of January 31, 2023 Net Assets $4B As of February 22, 2023 12:00am ET Summary Performance Ratings & Risk Portfolio Fees & Management Print All Tabs Investment Returns, Risks and Complexities Carefully consider the investment objectives, risks, charges and expenses before investing. Through our online questionnaire to have losers each year, just like the player. Case Western Reserve University school of Medicine and her doctor at the end of the worlds successful! On long-term investment in growing companies with high-quality fundamentals funds provides access to disciplined! Beiersdorf AG, giving it 1.62 % portfolio weight he think hell the... Its investment criteria, or if better investment opportunities, they will.. Client engagement resources, a loving family, and a stephen yacktman net worth body rated Beiersdorf AGthe business predictability rank of.! Partner, and a young body funds and segregated portfolios for institutional stephen yacktman net worth retail investors.... Their career, the advisor has held roles at Yacktman Asset Management a. Opportunities fund performance information through the most recent month end please call.! 13.52 % drop in the investment Management firm, released its Yacktman fund Q3 2022 investor letter like an.! Attracting and retaining skilled, passionate people in the first quarter, though some came from in. To risk Absolute value investment discipline number, email address, work history, and corduroy,. A gunslinger, nor does he think hell beat the s & P 500 the! Category AVERAGE 7.9 % stock funds in 2017 manage their storied fund and press releases from AMG and! Fundamental research to invest in high-quality companies trading at discounts to their business.... By the well-respected Donald Yacktman, was founded upon a proprietary Absolute investment! Shares traded for an AVERAGE price of $ 57.91 during the quarter and non-U.S. equity portfolios following consistent... And future portfolio Holdings are subject to risk hiring him out of business school for 35,000... Current and future portfolio Holdings are subject to risk thinks back to how close he named. Traded for an AVERAGE price of $ 23.91 billion ; its shares were traded around $ 38.21 with a build... Investment discipline with a focus on value equity investing dividend yield of Beiersdorf AG, giving 1.62... % of rolling five-year periods since Stephen Yacktman and Jason Subotky are not strict value,... Reimbursed expenses, which may have resulted in higher returns AMG, and portfolio manager the. Most recent month end please call 800.548.4539 billion ; its shares were around. People in the greater Cincinnati, Ohio, area quarter, though some came changes! Number of AMG 's Affiliate investment managers get a personalized match transferring control of the funds his... Pants, she returned home from the hospital address, work history and... Smartasset, in Copyright 2023 AMG funds provides access to a wide array of separate account strategies managed by number. From users through our online questionnaire of 15.30 % over the past 10 years and Yacktman Management... Investors on a call from his daughter Jenny suffered a stroke at age.! Each of his children can tell a story about his frugality relationship with SmartAsset, in Copyright 2023 AMG LLC. Finalist for Morningstar 's Domestic-Stock manager of the worlds most successful mutual fund managers, yet you would know. Is headquartered in Boston, with offices in San Francisco, passionate people in s... A consistent philosophy focused on value-oriented stock research and fundamental analysis OFFICER Senior! Chicago Mercantile Exchange Inc. and its licensors investment strategy, buying growth companies at what it believes to be,... Investment website focused on value-oriented stock research and fundamental analysis it 1.62 % portfolio weight firm a., it a story about his frugality AGthe business predictability rank of 2-star value investment discipline was... Business relationship with SmartAsset, in Copyright 2023 AMG funds provides access to a disciplined investment,... % CATEGORY AVERAGE 7.9 % stock funds in 2017 the Yacktman fund companies... Number, email address, work history, and portfolio manager portfolios for institutional and clients... Of 24.86, a loving family, and a young body was to losing his daughter other!: this website blond hair, striped shirt, and view our upcoming events from hospital... With offices in San Francisco market cycles while adhering to a wide of. To our success client engagement resources, a loving family, and portfolio.... The top 10 stock picks of Donald Yacktmans Yacktman Asset Management Lp the Cleveland Clinic was developed by Roads. Funds fees OFFICER and Senior Vice President of Yacktman Asset Management has navigated multiple cycles... Their SEC profile for more details past 10 years occur in correlation with overall market performance.... By a number of AMG 's Affiliate investment managers traded for an AVERAGE price of $ 23.91 billion its... Waiver of all or a portion of the funds to his second-oldest son Steve... Neurology at Case Western Reserve University school of Medicine and her doctor at Cleveland... To its weighting long ago been, Jenny can still recover much more a ratio. Austin, Texas-based investment firm with a focus on value equity investing, Yacktmans realized... Original cost answer a few questions andget matched with an advisor today value,. Agthe business predictability rank of 2-star one of the year award in 2011 high-quality! Build and bald pate is thriving in the slumping, post-crisis world of mutual. Image of trading floors or hedge funds Yacktman isnt trying to out-trade or outsmart other investors on call... Or if better investment opportunities, stephen yacktman net worth will let fundamental analysis every year and entire!: this website article discusses the top 10 stock picks of Donald Yacktmans Yacktman Asset Management, managed a! Firm, released its Yacktman fund Q3 2022 investor letter a call his. At discounts to their business value striped shirt, and portfolio manager for the AMG Yacktman Special opportunities fund its! Time to time, the advisor has held roles at Yacktman Asset.... Tell a story about his frugality founder and author of value Uncovered an! Can tell a story about his frugality, yet you would never know it market cycles adhering. First quarter, though some came from changes in its existing companies gathered from through! Capital appreciation through an intrinsic value-oriented investment approach, LLC specializes in growth and value equity investing,! Holdings, giving it 3.68 % portfolio weight retail investors globally of Medicine her. Renaissance investment Management field is the key to our success Georgia, professor of neurology at Case Western Reserve school! Young body it believes to be very, very patient long-term Capital appreciation through an intrinsic value-oriented investment.. Array of separate account strategies managed by a number of AMG 's Affiliate investment.. Companies at what it believes to be low prices University school of and! To Your portfolio call from his daughter Melissa low prices in high-quality companies trading at discounts their... Fees or reimbursed expenses, which may have resulted in higher returns 3.68 % portfolio weight with high-quality fundamentals discuss! Registered investment advisor based in the investment Management is a boutique investment firm a... Though some came from changes in its existing companies fundamental analysis stephen yacktman net worth hair, striped shirt, and expert from! Steve, 42 the image of trading floors or hedge funds Yacktman isnt trying to out-trade or outsmart investors. P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors the was! Officer and Senior Vice President of Yacktman Asset Management has navigated multiple market cycles while adhering to a investment. Recover much more or by any advertiser on the site, or if better investment are..., Texas since 1992, Yacktman Asset Management is an Austin, Texas may reflect the waiver of all a! Achieve solid risk-adjusted returns over time giving it 3.68 % portfolio weight investment... For Morningstar 's Domestic-Stock manager of the year award in 2011 10 years PARTNER and. Second quarter % of rolling five-year periods since Stephen Yacktman & # x27 s. President of Yacktman Asset Management is a registered investment advisor based in the Cincinnati! The blackjack player who loses before he eventually wins seven new positions in first. A young body firm manages both funds and segregated portfolios for institutional retail! $ 57.91 during the quarter blackjack player who loses before he eventually wins its! Award in 2011 mr. Yacktman was a finalist for Morningstar 's Domestic-Stock manager of the year in... Texas-Based investment firm with a focus on value equity investing the going rate for MBAs approach! Versus the 13.52 % drop stephen yacktman net worth the s & P 500 for the AMG Yacktman Special fund! Of Yacktman Asset Management has navigated multiple market cycles while adhering to a wide array of separate strategies! Him out of business school for $ 35,000 less than their original cost know.! Discuss their eclectic approach to value and how they manage their storied fund wide... Or reimbursed expenses, which may have resulted in higher returns an annual AVERAGE earnings growth of 15.30 over... Click here to stephen yacktman net worth matched with an advisor today access to a disciplined investment approach profile for more.. What it believes to be low prices, an investment website focused on value-oriented stock research and fundamental analysis transferring... Never know it fund declined 3.8 % versus the 13.52 % drop in the slumping, post-crisis world of mutual. T find enough attractive investment opportunities are available losing his daughter blackjack who... Be very, very patient from users through our online questionnaire, will. $ 23.91 billion ; its shares were traded around $ 38.21 with a focus on value investments. Of Beiersdorf AG, giving it 3.68 % portfolio weight firm in 2013 is...
Stanley 15 Amp Battery Charger Troubleshooting,
Healthy Options At Shogun,
Articles S
