keep in mind those lists of what they own are months old as well . they may no longer even own what they show as holdings . one of the reasons i like the newsletter is they stay on top of major position changes in funds way before the listings which go obsolete pretty quick .Sam Brazil wrote: I'm confused by that Fidelity contrafund. The description says it invests in overlooked stocks, and then I look at the top 10 holdings:
WTF?FACEBOOK INC A
BERKSHIRE HATHAWAY INC CL A
APPLE INC
WELLS FARGO & CO
GOOGLE INC CL A
GOOGLE INC CL C
AMAZON.COM INC
VISA INC CL A
DISNEY (WALT) CO
STARBUCKS CORP
on your own you can buy a bunch of fidelity growth funds and have such overlap . the newsletter at least tries to prevent that as much as possible although keeping up with daily position changes is impossible except for the largest changes .. . .