We interviewed Wall Street's 7 top-performing investors to get their secrets for success - and their best ideas for 2020
- Business Insider spoke with the seven best-performing large-cap fund managers of the year, based on a trailing one-year basis through the end of September.
- The fund managers outlined which thematic and single-stock strategies paid off for them this year, and they laid out their top trades and ideas for 2020.
If you followed only financial-news headlines in 2019, you might assume the market had a tough year. Recession fears flared, trade-war tensions ebbed and flowed with ferocity, and corporate earnings growth slowed.
Yet the benchmark S&P 500 was still up 19% year-to-date through the end of September. Thank the Federal Reserve and its overt willingness to continuing stimulating an economic expansion that's already the longest in history.
But even amid a robust market environment that saw every major stock index climb for the year, a handful of fund managers stood out as the cream of the crop. These were the people and firms that were still able to outperform, even though equities and other risk assets were so strong across the board.
Presented below are the results of our discussions with these investing heavyweights, who broke down their methodologies, what they did right, and what their attack plan would be going forward.
The managers are arranged in decreasing order of trailing one-year return, through September 30.