Catching up on a Forbes profile of Preston Athey:
Mutual Funds
A Different Tune
Zack O’Malley Greenburg, 03.12.09
High price? No problem. Preston Athey’s value fund ignores the first tenet of value investing.
Amid market chaos you might not expect a veteran portfolio manager to spend his free time blithely belting bass lines to a cappella songs. But that’s what T. Rowe Price’s Preston Athey was doing on a recent Sunday afternoon with his six-man group, Some of the Parts, on the Mall in Washington, D.C. . . . “I haven’t lost 10 minutes of sleep,” says Athey, 58. “If you manage your affairs prudently and you do the right thing, you don’t have to worry.” . . .
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