From: SmartMoney.com - Investing
IS TOPEKA, KAN., THE NEW OMAHA? NOT YET -- but if its leading
portfolio manager, Jim Schier, extends his impressive decadelong
performance much longer, the Nebraska city may have to cede its
place as the center of the value-investing universe. Mixing
quantitative tools with a subjective read on a companys underlying
competitive strengths, Schiers 824 million RydexSGI Mid Cap Value
Fund ticker: SEVAX was up 17.29 this year through June 11 thats
7.42 percentage points above its peers, and 11.33 points above the
Standard ampamp Poors 500. Thats already helped to claw back a big
chunk of Schiers 27 loss in 2008. Nonetheless, he performed about
10 percentage points better than other funds in his category last
year -- a reminder that long-term performance is as much about
limiting losses in dow...
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