General Investing >> Money Manager Interviews >> May 16, 2005

LAZLO BIRINYI JR. – BIRINYI ASSOCIATES INC

LASZLO BIRINYI JR. is the Founder and President of Birinyi Associates, Inc., a research and money-management firm. Prior to founding Birinyi Associates, he was a Director of Salmon Brothers Asset Management for 20 years, where he spearheaded the firm's Equity Market Analysis Group and developed a variety of studies on market topics including studies on volatility, flow of funds, market structure and his most prominent known tool ' Money Flows. He began his career as a trader on Wall Street before becoming Vice President and subsequently a Director. In addition, he was also the architect of the Salomon-Russell International Index, and served as the Global Trading Strategist for Deutsche Bank Securities for five years. Mr. Birinyi is a columnist for Forbes magazine, and has been a panelist for Louis Rukeyser's Wall $treet Week for over 12 years. In 1999, he was inducted into their Hall of Fame for his outstanding stock selections. Mr. Birinyi received his undergraduate degree from the University of North Carolina and an MBA from the Stern School of Business at New York University. Profile
TWST: Would you give us an overview of Birinyi Associates and its

investment philosophy?

Mr. Birinyi: We are a little different from most managers. We have two

elements to our business, the