The complete lists of the decade's top mutual fund managers, and their top 5 holdings. The leading maker of power-surge protectors, American Power Conversion has a 70 percent market share and 20 to 25 percent projected earnings growth, he says.
Demand is huge and getting huger, as media channels continue to expand.
He's a value guy, for sure, but he also likes strong cash flow and earnings prospects, which at times leads him to pay higher prices and even to scoop up the occasional Internet stock. He'll revise his private market value based on market events. He has trimmed back those holdings, however, as the stock prices have soared. Time Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.