Christopher Traulsen
Christopher Traulsen
benefit change enormous late
It's an enormous change from what they've done in the past. I think it's been late in coming, but I think it's going to benefit them.
assets fund hilton host huge june percent portion
Marriott International is a huge portion of that Longleaf fund -- 10.7 percent as of June 30. Host Marriott comprises around 5 percent, and Hilton around 4 percent. If you've got 20 percent of your assets in hotels, and no one's traveling, you'll take a hit.
crystal likely travel
I don't have a crystal ball, but travel is likely to slow.
brought funds tech
Too many tech funds were brought out in the 1990's and many of them were ill-conceived as long-term investments.
consistency less nice
It's a nice marker of his consistency, but I wouldn't think less of him if he didn't make it.
odds surprised
I think the odds are good. I would be surprised if he didn't (beat the S&P).
careful chasing funds investors rally
A lot of the funds in this rally are really some of the more speculative, riskier ones around and investors should be careful about chasing their performance.
chasing companies funds invested performance recipe run
A lot of the companies these funds have invested in have run pretty hard. Chasing performance here is probably a recipe for disaster.
approach careful pile rear taking view
You really have to be careful with taking the rear view approach with tech. If you pile on to what's been working, you could be in for a big shock.
asset doubt failure innovate thrown
I think that has been thrown into doubt by her failure to innovate in asset management.
invest sees wherever
Lange will invest wherever he sees an opportunity.
changes execution time track work
I think they're on the right track with the changes they're making, but only time will tell if the execution will work out.
slow
If it's a trend, it's going to be slow moving.
energy fund great held leading recently stayed
He has long stayed out of energy, and it's been the leading category. That really held the fund back, but more recently energy hasn't been a great place to be.