Gillette (G) - Even Buffett Justify This One Message Board

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Non-Tech : Gillette (G) - Even Buffett Justify This One

G 44.27

-0.5%

Nov 10 3:59 PM EST

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To: Ali Shahbaz who wrote (551)	4/21/1999 9:26:00 AM
From: Rainy_Day_Woman	Read Replies (1) of 684

U.S. Global Leaders Growth You might say that George Yeager's U.S. Global Leaders Growth fund is held together by bubble gum and razor blades. Or at least, that's some of the stuff his portfolio is made of: razor blade producer Gillette (NYSE:G - news) and chewing gum maker Wrigley (NYSE:WWY - news) . "We want each of our companies to sell a product or sell a service that's consumed and needs to be replaced," says Yeager. "You know, the old razor blade concept." The fund certainly isn't something you'd want to throw away, though. It returned 32% in 1998 and is up 6.9% year to date. Screening for companies with renewable products cuts a lot of technology out of the portfolio, Yeager says. "You don't consume a PC or a microprocessor," he says. On the other hand, Yeager's screen for companies with solid earnings history protects him from buying Internet stocks, which you won't find anywhere near this fund.

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