Donald Yacktman, president of Yacktman Asset Management, Austin, Texas, and comanager of the Yacktman Fund (YACKX) and the Yacktman Focused Fund (YAFFX), both of which had annualized returns of more than 10% over the past decade, putting them among the top 10 of all US stock funds. www.Yacktman.com
Based on the weak and volatile stock market returns of the past decade, many investors believe that the traditional strategy…