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Stock impact report

Brett Arends's ROI: ‘Volatility is as much your friend as your enemy.’ Panicking about the Dow? Meet the long-term star investor who’s buying [MarketWatch]

Polaris Inc. (PII) 
Last polaris inc. earnings: 4/28 06:00 am Check Earnings Report
Company Research Source: MarketWatch
‘Volatility is as much your friend as your enemy.’ Panicking about the Dow? Meet the long-term star investor who’s buying Mark Mulholland doesn’t pretend to be an epidemiologist, a doctor or a medical expert. “I have no idea how serious the coronavirus will get,” the money manager says from his office outside Philadelphia. “There’s no question it’s going to put some kind of crimp on the economy. My hope is that we won’t get two quarters of negative growth.” But Mulholland knows something about investing. The manager and owner of the small, independent Matthew 25 mutual fund may be the best money manager that almost nobody has ever heard of. Since launching his fund in 1995, he has outperformed the U.S. stock market by an average margin of about 2 percentage points a year. From December 31, 1995 to December 31, 2020 his fund averaged 11.3% annual returns, against 9.2% for the index. And that’s after deducting fees, which come to around 1% a year. He was up 42% last year, where the S&P Show less Read more
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