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These Are Wallace Weitz’s Favorite Funds

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Michelle deBoer-Jones
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Many billionaire investors are also well-known philanthropists, and some of them even donate through their own charities. Wallace Weitz of the value-focused boutique manager Weitz Investment Management is among the well-known asset managers who have their own foundations and use them to dole out their cash.

We can get an idea about which fund managers these high-profile investors trust the most by looking at where their foundations invest their money. However, in Weitz's case, his foundation only has holdings in his own firm's funds.

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.