Assessing growth as a component of value is a guiding principle that can lead to opportunities in different areas of the market, says Davis Selected Advisers manager Chris Davis.
Fund portfolio and Berkshire Hathaway shareholder data show which funds hold significant chunks of the company's stock.
These medalists have produced peer-beating performance while keeping downside volatility in check.
Key management moves have ultimately proved positive for these large-growth funds.
They're not the biggest names in the fund world, but these small shops have proven track records of protecting investors' interests.
Morningstar's Dan Culloton sizes up the fund firm's top and bottom performers year-to-date, discusses CIO Gus Sauter's impending retirement, and more.
'Tis the season to review your stock/bond mix, check your portfolio's risk level, and see how you did.
Also, Bill Miller draws up plans for a go-anywhere income fund, Ken Feinberg to retire from Davis Funds at the end of the year, Perritt Capital plans a new fund, and a goodbye to Abe Briloff.
Seeing few opportunities that meet their risk-reward criteria, the team at FPA Crescent--winner of Morningstar's 2013 Allocation Fund Manager of the Year award--is sticking to its discipline and letting cash build, says manager Steve Romick.
By making good use of their flexible approaches, these funds demonstrate that active management can work.