Laird Bieger, comanager of the Baron Discovery Fund (BDFFX), based in New York City. The fund, launched in 2013, had annualized returns of 12.2% over the past three years, compared with 10% for the S&P 500, and 34% over the past year, putting its performance in the top 1% of its category. BaronFunds.com
The young, little-known companies that Laird Bieger picks for the mutual fund he co-manages like to shake things up a lot.