Why he split: When the brokerage that owned Yacktman's fund was purchased by financial-services firm Kemper the manager he clashed with his new bosses and left in 1992. He Yacktman started his own firm that year.
Today: After years of ups and downs, including an attempted ouster by his own board, Yacktman is riding high: His eponymous fund (YACKX), which has $1.7 billion in assets, finished in the top 2% of its category in 2008 and the top 1% last year. Morningstar nominated him for domestic fund manager of the decade last year.
NEXT: David Corkins