Martin Whitman, manager of the Third Avenue Value Fund, hired Curtis Jensen in 1995 as a successor. A decade later, Whitman, 81 years old, still has not set a retirement date, and his mutual fund is outperforming the Standard & Poor's 500-stock index for a sixth consecutive year.
Investments in Brookfield Asset Management, the owner of the World Financial Center in Manhattan, and Toyota Industries, a builder of cars for Toyota Motor, helped the fund climb 15 percent this year, more than triple the gain in the S&P 500.
http://www.iht.com/articles/2005/12/08/news/bxfund-5578904.php
Investments in Brookfield Asset Management, the owner of the World Financial Center in Manhattan, and Toyota Industries, a builder of cars for Toyota Motor, helped the fund climb 15 percent this year, more than triple the gain in the S&P 500.
http://www.iht.com/articles/2005/12/08/news/bxfund-5578904.php
