Decade's Best Stock Picker Is Kellogg Grad Joel Tillinghast '83

A portfolio manager needs to be good to beat the market, and even better to stay ahead of investment gurus like Warren Buffett, Berkshire Hathaway CEO. Over nearly two decades, Kellogg graduate Joel Tillinghast's intensive research and value perspective have enabled him to outperform the "Oracle of Omaha" while positively crushing the S&P 500. A dollar entrusted to Tillinghast's Low-Priced Stock Fund in December 1989, when he launched the portfolio at Fidelity Investments, grew to nearly $16 by December 2006. That's about $4 more than Buffett's financial wizardry produced over the same time, and a whopping $12 more than what the S&P index generated.