Donald Yacktman Buys Financials
 


     
   
 
For the past decade or so, Donald Yacktman of the Yacktman Fund  (YACKX) have outperformed the indexes by investing in large well run companies  that they could purchase at a discount.  For the most part, they have done so with large companies and several  smaller companies when the risk/reward is right. What they have also done very well is avoid the financials, especially those that have imploded on value investors such as Bank of America (BAC), Citigroup (C) and Washingto Mutual, which was acquired by J.P. Morgan Chase.

   
           
                     
              Shared: 
                    Twitter: 0 LinkedIn: 0 Facebook: 0        
       

Original news source


 

 

http://www.valueinvestingnews.com/donald-yacktman-buys-financials