General Investing >> Money Manager Interviews >> March 23, 2009

Investing In The Long Term – Robert E. Torray – Torray Llc

Robert E. Torray founded Torray LLC in 1972. He manages the assets of The Torray Fund, The Torray Institutional Fund and Torray LLC's separate institutional account business. Mr. Torray has utilized a long-term, value-oriented investment strategy. Before 1972, he was a Vice President and Manager of the Pension Fund Management Division of Eastman, Dillon, Union Securities & Co. He is a former Director of Sub Sea International Corporation, The Liberty Bank of Oklahoma, Charter Federal Savings Bank, The U.S. Satellite Broadcasting Company, CarrAmerica Realty Corporation and LaBranche & Co Inc. Mr. Torray entered the investment management industry after graduating from Duke University in 1959. Profile
TWST: Would you start with an overview of your company and your investment

philosophy there?

Mr. Torray: I founded the company in January 1973 just before the market

crashed, so we