Jim Lowell
Jim Lowell
harry pick run
Harry Lange couldn't be a better pick to run Magellan.
meet portfolio running tenth
They're running without a tenth of their portfolio to meet redemptions. That's a hellish way to run a portfolio.
cash defensive looking percent rather
I don't know what it is, I would rather see him go to 20 percent cash if he's looking for a defensive place.
seen
I've never seen the (cash levels) this high.
control loyalty peter vote
He may not have had a choice. If Peter had control over it, he wouldn't have sold. His loyalty is very deep. It's not a vote of no-confidence.
owning parts safer tends
Owning the parts tends to be a lot safer and a lot more rewarding,
bench building
It may be Abby building her own bench of advisers,
equipped fund job knew managers prior trust
Trust the fund managers that you knew were equipped to do the job prior to (last Tuesday).
hold manager matter until
You hold this manager until he dies, no matter where he goes,