среда, 14 марта 2012 г.

Slow, steady drives Dow

Don't talk with Philip Orlando about high-flying Internet stocks.

This New York University-educated investing executive is allabout chips - blue chips.

Chief investment officer at Value Line Asset Management in NewYork, he eschews the unproven business models of many Internetcompanies for the stability and consistent profitability of giantslike IBM, Philip Morris and Wal-Mart Stores.The self-described conservative investor oversees portfolioswith assets of $6 billion and is the portfolio manager for theCenturion Fund, a large-cap growth fund that has assets of $850million.Orlando shared his views on the economy's performance in thefirst quarter and the market's …

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