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Best Fund Managers


voyager

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There's Tepper, and then theres everyone else.

 

Ackman, when he's on his game, is arguably better than even Tepper. When he's off, you're probably better off setting your money on fire(possibly a tad harsh, but still reasonable assessment). Tepper's consistency is what sets him apart.

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Tepper, Klarman, N. Lou. I can't stand Ackman, the guy seems like an absolute D-bag. Lack of humility is a no-go for me.

 

AFAIK, Tepper closed his fund (although Wikipedia articles do not say this, so I'm a bit hesitant...)

Klarman is inaccessible to most people. Not sure if he even takes new clients.

 

Edit: sorry, but once you start talking about inaccessible managers, this becomes like a fantasy football. Can I pick Buffett - I'm sure he'd smoke SP500 if he managed $10M or whatever CoBF bros would give him to manage? Can I pick T&T?

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I like Tom Russo. Don't think he's taking money but I'm not sure. Burgundy is a pretty good shop out of Toronto. They take money.

 

I would have said Sequoia as well before, you know..., "the incident".

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Michael Larson

Pretty sure he isn't talking "outside money" shall we say lol.

 

But unlike others mentioned, your money might get to him if you donate to Gates Philanthropy Partners.

 

(Not 100% sure. He manages Gates foundation money, but might not manage GPP money.)

 

Edit: although that's true for some others mentioned too. Some of them manage money for various endowments/foundations/etc, so that way might be available.

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Michael Larson

Pretty sure he isn't talking "outside money" shall we say lol.

 

My second choice then would be Sanjeev.

 

Two things matter to me, when selecting a money manager: A long time frame and honest personality.

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Depends what life stage you're in, for me it's all about preservation of capital at this stage so:

 

1. Job Curtis

2. Anthony Deden

3. Seth Klarman (I'm glad I have an initial investment with him already but now closed to new investors)

 

The two top guys you've probably never heard of, for a reason. I avoid managers who are constantly on display. I have found to be a negative correlation between tv/video/interview exposure and performance.

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Thanks for the replies so far - good to hear a few new names - even if you can't invest with people, you can sometimes still learn from them.  Edelweiss looks fascinating.  Job Curtis runs a closed-end fund in the UK, which doesn't do it for me - not far from being a FTSE100 tracker.

 

Three solid retail funds:

 

Fundsmith: classic Phil Fisher quality growth stuff.

First State Asia Pacific All-Cap: hard to pick one Asia fund, but this is another good quality growth outfit.

CG Asset Management: A solid, multi-asset 'absolute return' fund, to balance stuff out.

 

Would also be more than happy with Akre and Giverny.

 

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