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The secrets of "big mo" investing. (management of Twentieth Century Investors funds)(includes a related article on investing in the Giftrust fund)
From:
Kiplinger's Personal Finance Magazine
| Date:
February 1, 1996| Author:
| COPYRIGHT 1996 The Kiplinger Washington Editors, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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Twentieth Century Investors has applied the philosophy of 'momentum investing' longer than any other mutual fund family. The strategy emphasizes companies whose profits are growing faster and faster. The strategy has resulted in stellar longterm returns but sharp short-term losses.
It's a game of exhilarating highs and terrifying lows, and nobody has been doing it longer than the people who run Twentieth Century Investors.
ON A WEDNESDAY MORNING the team that runs Twentieth Century Vista and Giftrust--two of the raciest funds in a family known for hypersonic stock picking--gathers in ...
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