Danoff’s Contrafund Is Best of Biggest: Riskless Return – Bloomberg 06-12-12

Salient to Investors:

Investment style of Fidelity Investments’ William Danoff.

  • Meets as many as 1,000 companies a year, looks for best of breed.
  • Looks for stocks to hold for five years, in companies taking market share, with a durable advantage.
  • Tries to keep up with the return of the S&P 500 index in rising stock markets and outperform in falling markets by sticking to quality companies.

Read the full article at http://www.bloomberg.com/news/2012-06-13/danoff-s-contrafund-is-best-of-biggest-riskless-return.html