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Podcast: Money Life with Chuck Jaffe
Episode: How and why one big fund has half of its portfolio in just one stock
Description: Michael Baron, portfolio manager for the Baron Partners Fund, explains how the fund came to have nearly half of its portfolio in one stock -- Tesla -- and how his confidence in the company may lead for those holdings to become an even bigger portion of the portfolio. Just as importantly, Baron explains how the Tesla example highlights the way active management and good stock picking can still beat the indexes and deliver superior returns. Also on the show, Carley Garner, senior commodity strategist at DeCarley Trading, explains that a wave of mostly negative sentiment among traders has the...