Paul Cabot
Market Wizards Index: +8-9%
Compound annual over half a century
Fund or affiliation
- State Street Investment Company, State Street Management and research.
- Harvard University endowment for 17 years.
Methodology
- Realism and care.
Research Techniques Employed
- "First youve got to get all the facts, and then youve got to face the facts. Not pipe dreams."
- "Hes so careful" and "hes so fantastically thorough."
Trading/ Valuation Techniques Employed
Philosophy and beliefs
History and other facts
- Considered "Dean of Institutional Investors" in Boston. And Boston is still the Vatican of trust investment.
- Said "Christ, no! Havent any of you bastards ever been drunk?" regarding a cut on his forehead, at a JP Morgan board meeting.
- Interrupted Alfred Sloan, "No,no! The hell with that! What I want to know is, when is it going to make some real dough?" on another JP Morgan board meeting.










