The financial world is full of opinionated people, from YouTube influencers and podcast pundits to journalists and Wall Street analysts. But investors should never follow advice blindly, and they should always evaluate the credentials of the person offering advice. For instance, hedge fund managers Jason Kritzer and Karthik Sarma have outperformed the S&P 500 over the last three years, which makes them a good source of inspiration, and both investors have been buying stocks throughout the bear market that started in early 2022.

Notably, Kritzer increased his stake in Shopify (NYSE: SHOP) more than sevenfold since the beginning of last year. Meanwhile, Sarma started a position in Shopify and increased his stake in Pinterest (NYSE: PINS) more than 15-fold; those holdings collectively account for almost 10% of his portfolio.

Those purchases suggest a high degree of conviction, but they are especially noteworthy because Kritzer and Sarma have consistently beat the market, and that puts them in rarified air among professional investors.

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Source Fool.com