The New Money Masters: Winning Investment Strategies of Soros, Lynch, Steinhardt, Rogers, Neff, Wanger, Michaelis, Carret

In a sequel to his 1979 bestseller The Money Masters , Train profiles eight leading securities traders and mutual fund managers of the 1980s. Incisive, urbane and entertaining, he describes how James Rogers buys into all exchange-listed companies in a secondary market like Portugal or Finland to catch an economic trend; he follows Peter Lynch's day-to-day ``relentless pursuit'' of new winning investments for Fidelity Management's top-ranking Magellan Fund; and interviews Pioneer Fund's cautious Philip Carret, who likes over-the-counter start-up companies but fears an upcoming depression. Train also muses on what happens to third-generation Old Money and appraises Harvard's management of the world's largest academic endowment, suggesting that Yale and Princeton do it better. (Nov.)