A Legendary Stock Picker is Retiring This Year. Here's What He's Looking For in 2026.
Investopedia·2026-01-30 17:00
His ability to consistently beat the market has drawn big money, with the Contrafund's assets under management recently above $176 billion. Danoff, however, plans to step away from the fund: He is set to retire at year's end, though he will stay with Fidelity in an advisory capacity, per documents filed this week. What makes Danoff a remarkable portfolio manager is that "his success wasn't narrowly confined to one part of his career," Morningstar analyst Robby Greengold told Investopedia. Some portfolio man ...