Billionaire investor Ron Baron is one rare active manager that has been outperforming the market since the 1980s, thanks to his eye for long-term growth.
The 80-year-old investor founded Baron Capital in 1982, and 16 of his 19 mutual funds representing 98.8% of the firm's asset under management have beaten their benchmark since their inception dates.
Similarly, Baron Capital considers stocks as representing part ownership of publicly traded businesses.
The Baron Capital chairman and CEO has been known as a longtime bull in Tesla , a stock with a 46% weighting in the Partners fund.
Baron Capital managed about $40 billion at the end of 2022.
Persons:
Ron Baron, Morningstar, Baron, Warren Buffett's, Tesla, Charles Schwab
Organizations:
Baron Capital, Baron Partners Fund, Partners, SpaceX, Iridium Communications, Arch Capital Group, FactSet Research, Hyatt Hotels
Locations:
Tesla