General Investing >> Money Manager Interviews >> September 25, 2012
A Focus on Protecting and Growing Capital in Large-Cap Value Investing
Donald Yacktman is the President and Co-Chief Investment Officer of Yacktman Asset Management LP. Before founding the firm in April 1992, Mr. Yacktman served for 10 years as the Senior Portfolio Manager of Selected Financial Services, Inc. For nine of those years, he also was the Portfolio Manager of the Selected American Shares mutual fund. Mr. Yacktman was named Portfolio Manager of The Year by Morningstar for his performance in 1991. Before joining Selected Financial Services, he was a Portfolio Manager at Stein Roe & Farnham. Mr. Yacktman holds a B.S., magna cum laude, in economics from The University of Utah and an MBA with distinction from Harvard University. Profile
TWST: Please start with a brief history and an overview of Yacktman Asset Management’s current business and funds.
Mr. Yacktman: Yacktman Asset Management has been in business 20