• Meet the unconventional portfolio manager who crushed Wall Street last year while barely watching the market

    6 monthes ago - By Chron

    Baron Funds
    Alex Umansky, who manages five mutual-fund portfolios for Baron Funds, saw his $199 million Fifth Avenue Growth Fund smash benchmarks in 2017 with a 40.6% return.
    The outperformance was largely due to the fund's heavy exposure to Amazon, Alibaba, Facebook, and Alphabet, which make up more than one-third of the portfolio.
    The selection of those stocks, and their outsize contribution to the fund, speak to Umansky's long-term investment strategy, which seeks so-called platform businesses.
    Because of his long-term focus, Umansky spends his time researching companies and taking...
    Read more ...

     

  • Avoid These High-Yield ETFs At All Costs

    Avoid These High-Yield ETFs At All Costs

    6 monthes ago - By ETF Daily News

    From Contrarian Outlook : Exchange-traded funds shattered growth records in 2017, with inflows topping $464 billion last year. The global ETF market now boasts more than $4.5 trillion in assets, and a large part of the appeal has been driven by dirt-cheap fees.
    But many of these fund's fees are “cheap for a reason.” We'll talk about five today that lure investors in with appealing current yields - but then proceed to dump their dumb money out the back door.
    These five funds may have sweet dividend yields, but they have produced sour total return results thanks to one fundamental flaw or...
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  • Wall Street traders brace for meager paychecks as bonus season approaches

    6 monthes ago - By CNBC

    Some traders at the largest Wall Street banks are about to get big, fat zeroes for bonuses while they watch markets thrive.
    Read more ...

     

  • Meet the unconventional portfolio manager who crushed Wall Street last year while barely watching the market

    Meet the unconventional portfolio manager who crushed Wall Street last year while barely watching the market

    6 monthes ago - By Business Insider

    Alex Umansky, who manages five mutual fund portfolios for Baron Funds, saw his $199 million Fifth Avenue Growth Fund smash benchmarks in 2017 with a 40.6% return.
    The outperformance was largely due to the fund's heavy exposure to Amazon, Alibaba, Facebook, and Alphabet, which make up more than one-third of the portfolio.
    The selection of those stocks, and their outsized contribution to the fund, speak to Umansky's long-term investment strategy, which seeks so-called "platform businesses."
    Because of his long-term focus, Umansky spends his time researching companies and taking meetings...
    Read more ...

     

  • Meet the unconventional portfolio manager who crushed Wall Street last year while barely watching the market

    Meet the unconventional portfolio manager who crushed Wall Street last year while barely watching the market

    6 monthes ago - By Business Insider

    Alex Umansky, who manages five mutual fund portfolios for Baron Funds, saw his $199 million Fifth Avenue Growth Fund smash benchmarks in 2017 with a 40.6% return.
    The outperformance was largely due to the fund's heavy exposure to Amazon, Alibaba, Facebook, and Alphabet, which make up more than one-third of the portfolio.
    The selection of those stocks, and their outsized contribution to the fund, speak to Umansky's long-term investment strategy, which seeks so-called "platform businesses."
    Because of his long-term focus, Umansky spends his time researching companies and taking meetings...
    Read more ...