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Pastimes : Signs of a bottom? -- Ignore unavailable to you. Want to Upgrade?


To: Paul Chiu who wrote (20)1/4/2009 7:41:03 PM
From: Nancy  Read Replies (1) | Respond to of 26
 
The other guy is a deep-value fund manager. He was featured in Barron on and off in past few years. The reason I remember his name was due to the very high cash level his FPA fund held a few years ago, long before DJ & SPXa made all time highs when reading about it in Barron's.

A bio of this fund manager:

gurufocus.com

fundmasteryblog.com

Rodriquez is the largest shareholder in his own funds - that means a lot - his own money is at atake, versus other fund managers making their dough on management fees and bonuses.

FPA's performance is a stark contrast to Bill Miller of Legg Mason, when you look at the respective returns between 2006 to 2008. Miller's funds lost 66% in 2008, while Rodriquez fund was positive.