Author Topic: Best Fund Managers  (Read 5013 times)

investmd

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Re: Best Fund Managers
« Reply #50 on: August 05, 2020, 06:02:03 AM »
It looks like David Poppe took over or is at least heavily involved in Giverny now. Not sure which one it is. Didn't do too much digging.

Edit: The we got out of the fraud before it popped as opposed to the other guys isn't very confidence inspiring. Though I don't know what weight Giverny had in VRX.

François Rochon is still in charge there. He introduced David Poppe as a new partner at the last annuel meeting.

With Valeant he just managed the portfolio prudently, selling shares to not let it become a too big part of the portfolio contrarly to Sequoia. The more debt they took the more he reduced it.

The thing with Giverny is that they have compounded consistently at close to 15%. From 2010 to 2019 they outperformed the S&P500 by approx 4%/yr. From 2000 to 2009 they outperformed by close to 4%/yr. From inception to today, they have outperformed S&P500 by close to 4%/yr. That is a crazy good record. I wish I had discovered them earlier.


Coleman

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Re: Best Fund Managers
« Reply #51 on: August 06, 2020, 01:29:51 AM »
Morgan Stanley Global Franchise Fund
BBH Partner Fund - International Equity
@colemanrhawkins