Chungst

Leading Hedge Funds' Best Ideas and Consensus Picks

"[Mark Yusko states] the top holding for many of these funds on their 13F is likely not their best idea, but rather was their best idea and has simply appreciated the most."

That makes sense due to time lag of the filing coupled with the fact that cream (over time) rises to the top -- the biggest exposures ought to be the ones that has "legs" to run (Mastercard is a good example). In contrast, gunslingers are typically the types that place huge bets at the outset as opposed to building up a position over time.

Cheers