Personal Finance

How A Top Vanguard Manager Profits From Stocks Starved For Capital

Licensing

Keith White, manager of Vanguard Global Capital Cycles Fund, likes to invest with the odds of winning stacked in his favor. The top-performing fund manager's strategy is to find stocks around the world with upside that is meaningfully larger than the downside risk. White's motivation is to buy stocks in sectors that are starved for capital — and that Wall…