Word: vartan
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Dates: during 1970-1979
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...DINOSAUR FUND by VARTANIG G. VARTAN 391 pages. McGraw-Hill...
...Accordingly, the author, a veteran financial reporter who now writes the New York Times daily stock market reports, has also written into his story a kind of primer on mutual-fund management. Sample advice: "Buy the stocks of dominant companies in small but growing industries with a low profile." Vartan also offers a collection of anecdotes about bulls and bears of the past, which his characters recount with the fervor of Hot Stove League fanatics swapping memories about Willie Mays' catches or Curt Flood's legal problems. Vartan has also unwisely included some love affairs and a subplot...
...main plot is a conflict in investment strategy between Milliken, who thinks that prices can go only up, and his boss, Choate Cavendish, who lives for the day when such whippersnappers find out what happens in a crash. In the end, though, neither man is the protagonist. Vartan's real hero is the market itself -a kind of mercurial god that exalts its worshipers one moment, devours them the next, and demands single-minded devotion always. ·George J. Church