On Wall Street he and a few others – how many? three hundred, four hundred, five hundred? had become precisely that… Masters of the Universe.–Tom Wolfe
Yachtman Video Lecture (90 minutes) at a business school
Yachtman is considered a large-cap value manager. Active vs. Passive Investing. Did Mr. Yachtman exhibit skill as an active stock-picker? Learn about his fund here: http://www.yacktman.com/performance.html
Wealth Trak Video (10 minutes) Interview: http://www.youtube.com/watch?v=suNdO_3S0I8&feature=related
Three year returns: 8.93%; five year: 8.49%; 10 year: 13.59%
Yachtman Video Lecture (90 minutes): http://www.youtube.com/watch?v=KWUK_fzVlro&feature=email
In part 2 we will try to determine if his results are due to skill or luck. Thoughts?