The Importance of Staying Disciplined

Sticking with his formula -- and keeping emotions out of the equation -- has helped Neil Hennessy steer his Focus 30 fund to the top

Putting money into industrial stocks such as USG (USG) and Flowserve (FLS) before their big moves might seem like luck, but Neil Hennessy would tell you he's just following his formula. The 50-year-old president and portfolio manager of Novato (Calif.)-based Hennessy Funds avoids emotions, letting his quantitative screens do the stock picking. "The secret is really staying highly disciplined," he says.

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