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

Scott Barbee was all eh I'm good.
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]