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Absolute-return strategy absolutely working for this fund manager

Stock picker Eric Cinnamond has been generating 12% annualized returns for more than a decade. Now, he's got a new fund — and new challenges

As the Russell 2000 Index inches ever closer to its July 2007 peak of 855, small-cap portfolio manager Eric Cinnamond is protecting his absolute return strategy with a whopping 35% allocation to cash.
“In order to out-perform over the long-term you have to look stupid in certain periods,R

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