founded Delphi Management in 1978 on value investing precepts, emphasizing the fundamental performance of companies over the long term. He is known for contacting the management of every company that is a prospect for investment before committing capital.
In the fourth quarter, Black bought 7 new stocks for his portfolio of 130 stocks, valued at almost $672 million. The largest of the new stocks include: CVS Caremark Corp. (CVS
), U.S. Bancorp (USB
), Brinker International Inc. (EAT
), Life Technologies (LIFE
) and Century Bancorp Inc. (CNBKA
). Continue Reading »