General Investing >> Money Manager Interviews >> November 11, 2002

Martin Whitman – Third Avenue Management Llc

MARTIN J. WHITMAN is Chairman and CIO of Third Avenue Management LLC, the investment adviser to the Third Avenue Funds as well as to private and institutional clients. Mr. Whitman manages the Third Avenue Value Fund. He serves on the Board of Nabors Industries, Inc., and is also a Director of Danielson Holding Corporation, an American Stock Exchange listed company with subsidiaries engaged in river transportation and insurance services. He was a Distinguished Management Fellow at the Yale School of Management for 28 years. Most recently, he taught at the Columbia University Graduate School of Business. He is the author of The Aggressive Conservative Investor and Value Investing - A Balanced Approach. He graduated from Syracuse University magna cum laude in 1949 and received a Master's degree in Economics from the New School for Social Research in 1956. He is a Chartered Financial Analyst. Profile
TWST: Could you begin by telling us about the Third Avenue Funds

and your responsibilities there?

Mr. Whitman: I'm the CEO of the Third Avenue Management Company

and also the money manager of