May
28
Hennessy Focus Beats 94% of Peers With Stocks Like O’Reilly Auto
ByDetective work helps managers identify companies with growth-driving competitive advantages.
Left to right: David Rainey, Brian Macauley, and Ira Rothberg outside their Arlington, Virginia, office.
Stephen Voss/Bloomberg Markets
When the managers of the Hennessy Focus Fund invest in publicly traded shares, they try to think like business owners.
Instead of trading in and out of a stock to rack up small gains, David Rainey and his co-managers, Brian Macauley and Ira Rothberg, look to buy companies they can hold—for years…
Hennessy Focus Beats 94% of Peers With Stocks Like O’Reilly Auto
