Growing Up In The Fund Management Business: This PM’s First Stock Was A Value Stock

When portfolio managers get started in the business, their investing style often changes over the years. However, when Will Nasgovitz bought his first stock when he was 12, he was already zeroing in on value investing, and he didn’t even know it. Nasgovitz has been with mutual fund manager Heartland Advisors for almost 20 years, starting as an analyst focusing on industrial areas of the economy like transportation. Over time, he broadened out his coverage to include materials and healthcare, but he remained a true generalist. Q1 2022 hedge fund letters, conferences and more The mutual fund Nasgovitz manages, the…