Todd Ahlsten, chief investment officer of Parnassus Investments, which oversees about $47 billion in assets, San Francisco. He is lead manager of the Parnassus Core Equity Fund (PRBLX), along with comanagers Ben Allen and Andrew Choi, which is rated five stars by Morningstar. Its 15-year annualized return of 10% ranks in the top 1% of its category. Parnassus.com
The big casualty of this year’s plunging markets has been growth stocks—big technology firms and other companies whose shares investors pay a premium for because...
