Active stockpicking has come in for a bit of a bad rap (and no less so with high-profile misses...
Active stockpicking has come in for a bit of a bad rap (and no less so with high-profile misses by managers like Bill Miller), but Donald Yacktman is still beating odds - Morningstar looked at him for "manager of the decade" - and his outperforming portfolio now is loaded up on techs like Microsoft (MSFT) and Cisco Systems (CSCO) to go along with standbys like Coke (KO), Pepsico (PEP) and Johnson & Johnson (JNJ): “I can’t remember a time when so many quality companies were selling at low prices compared to alternatives."
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