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Non-Tech : ValueSecurities
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From: 24944311/6/2004 1:57:38 PM
   of 230
 
Lesson learned from Marty:

Q: At Third Avenue Funds, you work with one of the country's best-known value investors, Marty Whitman. What have you learned from him?

A: Be risk-averse. Be very, very careful when you invest your money. Be frugal, be careful, be cheap, but above all be very risk-averse. As buyers of businesses on the cheap, we want to make sure that nothing happens to impair the values of those businesses.
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