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Q&A With Neil Hennessy: 3 Cheap Stocks From An Unrepentant Active Manager
FYI: Neil Hennessy occupies the most embattled quarter of the fund industry, and that suits him just fine.
This month, Hennessy marks his 40th year in the active-management business. His publicly traded company, Novato, Calif.-based Hennessy Advisors (ticker: HNNA), manages 14 mutual funds—no separately managed accounts, no institutional accounts. And even as low- or no-cost exchange-traded funds and other passively managed products grab market share and attention, the firm keeps acquiring more funds—most recently two from BP Capital Advisors, which was founded by T. Boone Pickens. Regards, Ted https://www.barrons.com/articles/3-cheap-stocks-from-an-unrepentant-active-manager-1536168125?mod=hpb_DAY_9
