General Investing >> Money Manager Interviews >> September 22, 2003

H.becker / H.rosen – H.p. Becker & Co

HAROLD M. ROSEN is Executive Vice President of H.P. Becker & Co. His professional career began in 1970 as CPA with Altschuler, Melvoin and Glasser in Chicago. In 1976, he joined Fel-Pro Incorporated, a privately owned company with national recognition as one of the best places to work as ranked by Fortune Magazine and Milton Moskowitz in his book 100 Best Companies to Work for in America, advancing to the position of Corporate Treasurer before joining H.P. Becker & Co. in 1999. Mr. Rosen's 'hands-on' experience in operating companies prepared him for his current endeavour. He has acquired a strong background in financial accounting, and understands how companies operate internally. As his career shifted to treasury management, Mr. Rosen developed the skills to manage corporate acquisitions, and the underlying valuation of target companies along with due diligence. As well, he had the opportunity to manage a $350 Million 401(k) plan and had successfully developed a training program to improve employees' skills in dealing with their financial future. Mr. Rosen has a growth at a reasonable price investment perspective and classifies himself as a 'singles and doubles' hitter, but periodically will swing for the fences. At various times during his career he has served not for profit organizations. Profile
H. PHILLIP 'SKIP' BECKER is President of H. P. Becker & Co., a registered investment advisor. His investment career began in 1968 at Gofen & Glossberg, a Chicago-based investment advisory firm. Mr. Becker then founded Cable Corporation of America, a CATV firm that was acquired by a Time Warner division. He joined the C.B.O.E. in 1974, the C.B.O.T. in 1977, and the C.M.E. in 1982. Establishing his own investment advisory firm in 1980, Mr. Becker became the options consultant and technical market advisor to over a dozen firms that managed in excess of $50 billion in assets. After selling his firm in 1986, Mr. Becker eventually joined one of his clients with $600 million in assets as a Partner and Director of Derivative Products, Head Trader and Vice President of Portfolio Management. He left that firm in 1992 to establish his own firm again. Mr. Becker has acted as a consultant and Board member to many private, public and philanthropic organizations. He currently serves on the Board of the American Technion Society and the Board of Visitors for the University of Illinois, School of Law. He is a past member of the NASD and NFA arbitration committee. After receiving a BS in Economics from Wharton, University of Pennsylvania in 1965, Mr. Becker earned his JD degree in 1968 at the College of Law, University of Illinois. He holds his C.M.T. (Chartered Market Technician) designation and is a Registered Principal ' NASD. He is one of the managing partners for the Becker Securities Fund, LP (a private hedge fund/limited partnership). Besides being a member also of the American Bar Association, New York Society for Security Analysts, Market Technicians Association and AIMR, Mr. Becker serves as an expert witness in securities, commodities and options fraud cases. Having started at the Midwest Stock Exchange as a young 14-year-old Explorer Scout, Mr. Becker is now celebrating over 45 years in the stock market and related investments. He is frequently quoted in Barron's and The Wall Street Journal on options' strategies. Profile
TWST: Can you give us an overview of H.P. Becker & Co.?

Mr. Becker: We are a Chicago-based boutique money management firm with a

limited number of high net worth individual, pension fund