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