Word: talleys
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Dates: during 1970-1979
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Four years ago, it seemed impossible that Madelon Talley could climb to the top in mutual funds. She had no college degree and had worked only briefly as an ad-agency receptionist before becoming a Manhattan housewife and the mother of three children. Landing a job was no problem. She and her husband, a trade-book publisher, were friends of Dreyfus Corp. Chairman Howard Stein. But that friendship-and some courses in economics at Columbia -got her a job only as a $6,000-a-year statistician. It was enough to give her a chance to show that...
...making investment decisions, Talley goes far beyond detailed statistical analysis. She interviews company executives to "get a feeling for the management," sometimes called woman's intuition. She was among the first analysts to recommend Bausch & Lomb and MGIC Investment Corp. before their rises. Talley is now investing mostly in small companies with special kinds of markets because their profit growth is not monitored by Phase II regulators, and they often have no real competition...