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The man who can't stop making money

From bbc.com

This weekend, hundreds of thousands of small investors - many of them pensioners - will be saluting Britain's very own Warren Buffett. Since he launched his own fund exactly a year ago, Neil Woodford has delighted investors with an 18% return on their cash. By contrast, the average share on the London stock exchange - up to the end of last week - had risen by just 2%. Mr Woodford, who judges success over decades rather than years, is doing everything he can to dampen down the euphoria. "It's far too early to conclude that the fund's strategy has worked," he says. On the personal qualities needed in a good fund ... (full story)

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