At the start of every year, Eddy Elfenbein sets his 25-name “buy list” for his exchange-traded fund, then doesn’t touch it for 12 months. The strategy has helped Elfenbein’s AdvisorShares Focused Equity ETF, ticker CWS, outperform Warren Buffett’s Berkshire Hathaway and Cathie Wood’s ARK since 2018 …
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