Thread: Danoff @ Contra
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  #18  
Old 11-29-2005, 10:19 PM
DesertCat DesertCat is offline
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Join Date: Aug 2004
Location: Scottsdale, Arizona
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Default Re: Danoff @ Contra

Actually, Magellan has done worse since Lynch left, I think the first manager did okay, but it's trailed over the last ten years. And I'm not saying it's a fact that contra will fail, just that you should be concerned when a manager you love starts managing ever more money. His job just got tougher. Berkshire still beats the market, partially because of the strong performance of it's subsidaries. But it's certainly no longer killing the indexes like buffett used to.
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