Stress for Success

Always true believers in value, David Winters and his Mutual Series Funds are happily taking advantage of adversity

Just two years ago, value investors -- cheapskates who buy stocks only at sharp discounts to the worth of their underlying businesses -- were widely ridiculed. Even the best of them, such as the group running Mutual Series Funds, were scorned by growth-stock partisans as being hopelessly out of touch.

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