Report archive

03 Jun 2014 Hedge-Fund World's One-Man Wealth Machine ( Portfolio )

Mr. Abrams got his start in 1988 at Baupost Group LLC, also based in Boston. Run by Seth Klarman, Baupost is one of the world's largest hedge-fund firms, with $27 billion under management.

The two remain friends, and Mr. Klarman's personal foundation has put money into Abrams Capital's funds. Mr. Klarman described his protégé as "smart as a whip."
03 Jun 2014 Oakmark's Bill Nygren Names 9 Favorite Stocks ( Portfolio )

While many investors think U.S. stocks are fully valued, Bill Nygren of Oakmark Funds sees plenty of opportunity, particularly among financials. Moreover, Nygren says many of America's best companies can be bought at a market multiple.