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Article: DON YACKTMAN'S WILD RIDE.(fall of a fund manager)
- Article from:
- Kiplinger's Personal Finance Magazine
- Article date:
- February 1, 2001
- Author:
CopyrightCOPYRIGHT 2001 The Kiplinger Washington Editors, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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FUNDS | A manager once hailed as a genius made some WRONG TURNS and refused to budge. He remains unrepentant.
IN AN UNPRETENTIOUS conference room in Don Yacktman's downtown Chicago office suite sits a reproduction of a Frederic Remington sculpture. A cowboy astride a galloping horse, the work reflects such respected traits as rugged individualism, freedom of thought and a willingness to follow a solitary, if rocky, trail.
Whether Yacktman, a Westerner raised and educated in Utah before graduating from Harvard Business School, displays the Remington as a statement of personal style is debatable. But his path the past few years has certainly been solitary ...