GuruFocus Premium Membership

Serving Intelligent Investors since 2004. Only 96 cents a day.

Free Trial

Free 7-day Trial
All Articles and Columns »

Don Yacktman Sits Down with Steve Forbes for a Lengthy Interview

April 11, 2013 | About:
CanadianValue

Canadian Value

120 followers
According to Yacktman he has three goals as a money manager:

Goal number 1 - Protect the capital of his investors from permanent loses

Goal number 2 - Try to earn double-digit returns over the long term

Goal number 3 - Beat the S&P 500 from market peak to market peak

Yacktman isn't looking for opportunities with the highest potential rate of return; he is looking for the highest rate of return on a risk-adjusted basis.

We can see that in his portfolio that is loaded with high-quality, cash-generating companies.

A very enjoyable interview with a steady value investor:



About the author:

Canadian Value
http://valueinvestorcanada.blogspot.com/

Rating: 4.3/5 (12 votes)

Comments

marior
Marior - 1 year ago
Thanks Canadian Value! Awesome!

Transcript, for those who like me prefer to read, rather than watch: http://www.forbes.com/sites/steveforbes/2013/04/11/don-yacktman-why-this-brilliant-investor-loves-news-corp-and-microsoft-but-avoids-apple/
traderatwork
Traderatwork - 1 year ago
Thank CanadianValue and Marior.
vgm
Vgm - 1 year ago
Outstanding interview. Yachtman is very lucid in describing his investing philosophy and picks.

Thanks!

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK