The Economist Who Roared

When Richard B. Hoey took charge of the newly inaugurated Dreyfus Growth & Income Fund on Dec. 31, he was encumbered by significant baggage: He was a respected, widely quoted economist and market seer. And it's an article of faith on Wall Street that the most astute market and economic gurus, from Henry Kaufman to Elaine Garzarelli, are not so hot at managing mutual funds.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.