Best Mutual Fund Manager Of The Year Could Have Made More Money But Decided Not To

Scott Barbee was all eh I'm good.
Author:
Updated:
Original:
By Swiss Banker [Public domain], via Wikimedia Commons

via Wikimedia Commons

Scott Barbee’s Aegis Value Fund is up 40.5% over the last 12 months. It could have been up even more, but then Barbee would have had to get new business cards.

The fund has profited so much from its gold stock holdings it has had to dial back on some of those positions.

“Otherwise it would be the Aegis Gold Fund,” says Mr. Barbee.

King of Pain: Fund Manager Is No. 1 With a 40.5% Gain [WSJ]

Related

By Singhaniket255 (Own work) [CC BY-SA 4.0], via Wikimedia Commons

Fidelity Increasingly Unsure Of This Whole Mutual Fund Thing

Who wants to let Abby Johnson administer their hedge-fund assets?

(Getty Images)

If JPMorgan Shafted Its 401(k) Participants, At Least It Helped Out Its Mutual Fund Managers

A class-action lawsuit says JPMorgan chose pricey in-house funds over cheaper rivals for employee 401(k)s.

By U.S. Department of Defense Current Photos Kris Grogan/U.S. Customs and Border Protection Office of Public Affairs - Visual Communications Division (170923-H-NI589-0009) [Public domain], via Wikimedia Commons

Mutual Finds Not Waiting To See How Puerto Rico’s Story Ends

It’s one thing for the island’s governor to say it won’t pay its bills, but another entirely when the president does. Even if he doesn’t mean it.