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An Investment Pro Who’s Seen It All Still Sees Upside For Stocks

TedTed
in Fund Discussions
FYI: Marvin Schwartz, one of Neuberger Berman’s most renowned investors, joined the firm’s research department in 1961 at an hourly wage of $1.25. He caught the eye of Philip Straus, the great contrarian investor who was one of the firm’s first partners, and who taught Schwartz the tenets of value investing. Today, Schwartz leads Neuberger’s Straus Group, whose stock picks have roundly beaten the market for the 30 years that Neuberger has kept track, even counting a recent disappointing stretch when oil investments fizzled
Regards,
Ted
http://www.cetusnews.com/business/An-Investment-Pro-Who’s-Seen-It-All-Still-Sees-Upside-for-Stocks.r1TAD5FSz.html

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