Donald Yacktman and
Warren Buffett are two investors whose styles overlap and who have both earned high returns investing in sound companies for the long term. Yacktman quips that he is a “dumpster diver”
The two men own nine stocks in common. These are the largest:
Wells Fargo (WFC), Coca-Cola (KO), Procter & Gamble (PG), Wal-Mart (WMT) and U.S. Bancshares (USB).
who seeks to buy stocks at rock-bottom prices and valuations. His team at Yacktman Asset Management is also concerned with what he calls forward rate of return. Buffett calls his style a mix of Benjamin Graham and Phil Fisher, and has said, “We want businesses to be ones (a) that we can understand; (b) with favorable long-term prospects; (c) operated by honest and competent people; and (d) available at a very attractive price.”
http://www.forbes.com/sites/gurufocus/2013/06/21/5-stocks-warren-buffett-and-donald-yacktman-both-own-and-yacktman-keeps-buying/
