They have a team approach to management, but the strategy has been consistent.
More Quotes from Paul Herbert:
I won't say there isn't a place for those kinds of funds, but I think the price risk, and the fact that they tend to be concentrated in certain sectors, can be something investors overlook when they see really great one-year numbers. People need to understand what they really do and the chances they're taking.Paul Herbert
These sorts of funds have set themselves up to outperform by virtue of the fact that individual picks can really make a difference.
Paul Herbert
I do like the manager. It's a fund for someone to devote a little money to, but not make it a core holding.
Paul Herbert
It's good to have some exposure to large growth in your portfolio independent of intraday dramatic moves.
Paul Herbert
From 1991 to 1995, it was a very successful small-cap growth fund. As it got more attention and a greater inflow of money, it became difficult for (fund manager) Gary Pilgrim to continue focusing on small- and mid-cap stocks.
Paul Herbert
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Based on Topics: Management Quotes, Strategy QuotesIf I could tell the story in words, I wouldn't need to lug around a camera.
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Fred Saberhagen