Renowned hedge fund manager Seth Klarman was named the Investment Guru of the Year 2011 by GuruFocus readers. He got 38.2% of the total votes casted.
Since 2005, GuruFocus.com names its Investment Guru of the Year every year. The process involves two steps. In the first step GuruFocus.com asks users to nominate their choices of Investment Guru of the Year. The top 5-6 nominees will be put into a poll, and GuruFocus users will be able to vote for their Investment Guru of the year. The Guru who gets the most of the vote will be named Investment Guru of the Year.
Long term value investor Don Yacktman has been nominated again for the candidacy. He got 19% of the votes. His mutual fund has delivered steady outstanding performances to shareholders.
Hedge fund manager Kyle Bass got 17% of the votes.
These are the detailed results:
Congratulations, Mr. Klarman!