Thomas H. Forester somehow managed to be the only stock mutual fund manager among 8,200 peer diversified U.S. stock offerings to post a gain for 2008.An interesting article.
Those funds had a 39% average loss, while his Forester Value fund ended the year with a small 0.4% gain.
Mr. Forester, 50 years old, is an unlikely hero. He has toiled in obscurity for most of his 20-year investment career.
Friday, February 27, 2009
Only One Stock Mutual Fund Manager Made Money in 2008
The Wall Street Journal reports:
