Christopher Traulsen
Christopher Traulsen
invest sees wherever
Lange will invest wherever he sees an opportunity.
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.
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.
compared deviation finally fund funds invested less returns risk risky stocks taken time
Any time you see a substantial deviation in returns with a fund compared to its category, it's usually because it's taken a substantial risk to get there. These funds aren't less risky now. It's just that the stocks they've invested in have finally started to come back.
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.
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.
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.
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.
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.
odds surprised
I think the odds are good. I would be surprised if he didn't (beat the S&P).
asset doubt failure innovate thrown
I think that has been thrown into doubt by her failure to innovate in asset management.
crystal likely travel
I don't have a crystal ball, but travel is likely to slow.
slow
If it's a trend, it's going to be slow moving.