Refining the Investment Manager Roster
We're looking at a broader spectrum of investors to enhance stock selection.
By Greggory Warren, CFA | Stock Analyst
In yesterday's article discussing the relaunch of Ultimate Stock-Pickers, we talked about the value of sifting through the holdings, transactions, and writings of professional investment managers--especially those that have been able to beat the market (as represented by the S&P 500 Index (SPX)) over long periods of time.
While most everyone will agree that Warren Buffett has had a long and successful track record of producing market-beating returns, even through volatile market environments like we've witnessed over the last 10 years--a feat that was highlighted in a recent Stock Strategist article on Berkshire Hathaway (BRK.A) (BRK.B)--he has also had his share of missteps along the way.