4-Star Manager: I Buy ALL Caps, All the Time     Text Size  
Published: Monday, 7 Jul 2008 | 12:16 PM ET By: Andrew Fisher
So where should an investor's dollar go: large-cap stocks, mid-
caps, or small-caps? How about all three? That's what Ken Kam
advises.  His all-cap 4-star Marketocracy Masters 100 went up
7.62 percent in the second quarter, and it's up an average of
11.22 percent per year over the last three years.  "We don't
make big best on anything," Kam told CNBC. "We like to have a
diversified portfolio that can still outperform the market...we
have 198 stocks right now, and that's on the low side."   So
which of those 198 stocks occupies the largest space in Kam's
portfolio?  "Right now, the single largest position, and
probably the best performer for the last quarter is Elan," he
said. "It's about 6- 1/2 percent of the portfolio."  He also
likes Bank of America and MasterCard.  "We like that stock," he
said of MasterCard. "It tends to get sold off when the
financials sell off, but MasterCard is rea