A fund manager who’s beaten 97% of his peers over the last 3 years shares 8 stocks he’s betting on for the next 3-5 years

• Robert Stimpson has beaten 97% of his peers over the last 3 years.
• Stimpson is the co-CIO at Oak Associates Funds, which manages $1.4 billion in assets.
• He shared with Insider 8 stocks he likes for the next 3-5-year period.

At the helm of the River Oak Discovery fund (RIVSX), Robert Stimpson has beaten 97% of his peers over the last three years, and 95% over the last half-decade, according to Morningstar data.

This year, his Live Oak Health Sciences fund (LOGSX) is outpacing 97% of similar funds, and 93% over the last one-year period. 

But the outperformance hasn’t come from Stimpson frequently shifting his sails to benefit from any shorter-term wind that comes along, or from diversifying his funds for the sake of diversification. For example, he’s stayed away from energy firms despite their outperformance this year and last, because he believes the price of oil will face long-term downward pressure due to the political interests of the US.