Most of you probably know about Bill Miller, whose Legg Mason Value fund has outpaced the stock market a record 15 straight years. But few investors have heard of the man with the second-best market-topping record: Manu Daftary, who has led Quaker Strategic Growth to victory over Standard Poor's 500-stock index for eight consecutive years.
Quaker Strategic looks a little like a hedge fund. "We have all the best weapons at our disposal to be as flexible and opportunistic as possible," says Daftary, 48. His arsenal includes the ability to sell stocks short and hold large cash stakes.
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