David J. Winters says he wants his associates at Wintergreen Advisers in Mountain Lakes to be so content that they "tap-dance to work." (He credits Warren Buffett with that remark, describing how much fun he has.)
And these days, it's very clear, Winters is tap-dancing to work.
His new fund, Wintergreen (WGRNX), started last October, is up slightly more than 9 percent -- about what the market has done but with far less risk. (Wintergreen has 25 percent of its $900 million in assets in cash.)
"I'm thrilled with how things have gone," Winters says.
Although he has only one analyst, he has received 325 to 350 resumes from would-be employees, and he does plan to hire more.
Read the complete article
And these days, it's very clear, Winters is tap-dancing to work.
His new fund, Wintergreen (WGRNX), started last October, is up slightly more than 9 percent -- about what the market has done but with far less risk. (Wintergreen has 25 percent of its $900 million in assets in cash.)
"I'm thrilled with how things have gone," Winters says.
Although he has only one analyst, he has received 325 to 350 resumes from would-be employees, and he does plan to hire more.
Read the complete article
