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Morningstar Minute: A Fund That Defies Logic

This Fidelity fund manager doesn't let a huge portfolio asset base hold him back from delivering an admirable record of success.

Morningstar Minute: A Fund That Defies Logic
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The Morningstar Minute is our quick take on investments, the market, economic indicators, and more. Join us every day for fresh insights from our analyst team.

Russ Kinnel: Fidelity Contrafund is really an unusual fund. [Manager] Will Danoff has been there since its inception, which is nearly 25 years ago, and it really almost defies logic. It's over $100 billion in assets. And so Will Danoff is running much more than any individual stock-fund manager I know of.

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Russel Kinnel does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.