Wizards of Wall Street

How are some mutual fund managers able to beat the Standard and Poor's 500 index? What are their secrets for building wealth in today's volatile markets' Internationally recognized investment expert, author, and TV and radio commentator Kirk Kazanjian takes you inside the heads of eighteen of today's top wizards of Wall Street—a rare breed with a keen sense for knowing when and what to buy—and when to sell. Meet Robert Torray, Spiros Segalas, and James Oelschlager, who have been running billions of other people's money for decades and learn why they're so unbelievably successful. Then step into the offices of today's new generation of fund managers like Kevin Landis, Warren Lammert, and Glen Bickerstaff to learn their insightful and often surprising secrets. In a series of fascinating interviews, Kazanjian gets these wizards to reveal how they've gained their stock-picking prowess. Moreover, the author distills the wizards' collected wisdom in a special section on the “10 Keys to Beating the Market.” Published in association with the New York Institute of Finance, this market-beating handbook will help you build a portfolio of top-notch funds with the proven stock-picking secrets of the pros from Janus Funds, Fred Alger Management, Jennison Associates, and other top mutual fund companies.

Contents

Introduction 1
Part One: The Wizards of Wall Street
DAVID ALGER
Fred Alger Management 7
BRUCE BEHRENS
Alex. Brown Investment Management 27
GLEN BICKERSTAFF
Trust Company of the West 45
JAMES CALLINAN
RS Investment Management 65
RONALD CANAKARIS
Montag & Caldwell 87
CHRISTOPHER DAVIS
Davis Selected Advisers 103
AMY DOMINI
Domini Social Investments 121
WARREN LAMMERT
Janus Funds 137
KEVIN LANDIS
Firsthand Funds 153
RICHARD LAWSON
Weitz Funds 167
NEAL MILLER
Fidelity Investments 189
WILLIAM MILLER
Legg Mason 203
WILLIAM A. OATES, Jr.
Northeast Investors Growth 223
JAMES OELSCHLAGER
Oak Associates, ltd. 241
FREDERICK REYNOLDS
Reynolds Funds 261
SPIROS SEGALAS
Jennison Associates 279
ROBERT TORRAY
Robert E. Torray & Co. 295
HOWARD WARD
Gabelli Funds 315
Part Two: Investing Like the Wizards
WHAT THE WIZARDS HAVE IN COMMON 335
10 KEYS TO BEATING THE MARKET 339
About the Author 347
Index 349