Sunday, March 7, 2010

Jason Zweig on John Laporte

Jason Zweig, editor of the most recent edition of Ben Graham's Intelligent Investor, talks about John Laporte of T Rowe Price, who has just retired. An investor who put $10,000 in the fund when Mr. Laporte took the helm, three weeks before the crash of 1987, now has $78,000. Laporte is well-know for sticking to a holding period of 4 years and emphasizing the Graham approach to investing.