Clients feeling sick, but volatility ‘the friend’ of longterm investors: FBR fund manager
Rainey sees big gains to be made off market gyrations, overreactions
Headline risk and market volatility is music to the ears of David Rainey, manager of the $660 million FBR Focus Investor Fund Ticker:(FBRVX).
When you're managing a portfolio of less than two dozen stocks and the average hold period is nearly six years, choppy markets are just short-term buying op
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