General Investing >> Money Manager Interviews >> September 11, 2015

Forecasting Future Earnings and Growth Rates on U.S. Equities

Lee Spelman
Lee Spelman, Managing Director, is the Head of U.S. Equity Client Portfolio Managers at J.P. Morgan. An employee since 1989, Ms. Spelman was previously a Senior Research Analyst in the U.S. Equity Research group following the computer hardware and software sectors. She was also the global technology sector team leader. Prior to joining the firm, she was Partner and Director of Research at Martin Simpson & Co., a sellside brokerage house specializing in technology research. Ms. Spelman holds a B.S. in economics from the Wharton School of Business at the University of Pennsylvania and is a CFA charterholder. She is a trustee of the University of Pennsylvania. She holds Series 7, 24 and 63 licenses, and is a member of The New York Society of Security Analysts. Profile
TWST: We obviously just went through a bit of a correction. When an event like that happens, do you adjust the portfolio?

Ms. Spelman: That is always one of the trickiest things to