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Because of her success she was able to double the size of Beta Management in about six months. She was also losing some potential clients however, because some of them thought it strange that all of her equity at this point was tied up in only an index mutual fund. She had not been picking any individual stocks and thought that this was a good time to start investing in some smaller stocks.
5.
Ms. Wolfe’s analyst recommended two individual stocks, California R.E.I.T, and Brown Group, Inc. Both stocks were small NYSE-listed companies whose stock price had been dwindling over the past two years, to a point where they seemed unreasonable low...
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