These Texas Money Managers Win With Their Single-Minded Styles
AuthorAffiliation Staff Reporter of The Wall Street Journal</br></br>These investors can find soul mates in Texas' crop of money managers, who do the research and make the daily buy-and-sell decisions for deep-pocketed individuals who don't have the time or talents to tackle Wall Street.</br></br>With the help of Russell "Rusty" Cooper and John Kacinski, financial consultants at Smith Barney in Dallas, Texas Journal tracked down three Texas money managers with different styles but who have chalked up decent returns over the past several years. Messrs. Cooper and Kacinski, who invest their clients' funds with numerous money managers across the country, keep tabs on the managers' varying styles and performance.</br></br>With that in mind, here's a look at the investment philosophies and some of the stocks currently favored by Hourglass Capital Management, NFJ Investments and Mitchell Group.</br></br>HOURGLASS CAPITAL, DALLAS