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Lewis Braham: Royce’s Nadel And His Bias For Predictable High-Quality Stocks: (RYIPX)
FYI: On the surface, singing the “I Love New York” jingle seems to have nothing to do with money management, but David Nadel learned a valuable lesson from doing this as a child. “I sang in the children’s chorus at the Metropolitan Opera [in New York] and on TV commercials,” the manager of Royce International Premier fund says. “I took after my dad, who wrote songs for Elvis Presley. The great thing about that line of work is that you have one upfront decision to do the performance [recording], and then you get these recurring payments for years from the residuals or royalties.” Regards, Ted https://www.barrons.com/articles/royces-nadel-and-his-bias-for-predictable-high-quality-stocks-51556283600?mod=past_editions
