General Investing >> Money Manager Interviews >> January 24, 2000

Micheal Winer – Third Avenue Real Estate Value Fund

MICHAEL WINER has served as the Co-Manager of Third Avenue Real Estate Value Fund since its inception in September, 1998. Since 1994, he has been a Managing Director of M. J. Whitman Senior Debt Corporation and a senior real estate analyst for M. J. Whitman, Inc. From 1991 to 1994, Mr. Winer held senior-level positions with two financial institutions, where he directed the workout, collection and liquidation of distressed real estate loan and asset portfolios. From 1986 to 1991, he was the Chief Financial Officer, Director and co-owner of a southern California real estate development firm specializing in the development, construction and management of commercial properties. Prior to that, Mr. Winer served as controller and financial officer for two large Southern California real estate development firms. He has also been a CPA and senior auditor with Touche Ross & Company. Mr. Winer holds a Bachelor of Science degree in Accounting from San Diego State University. Profile
TWST: Won't you tell us about your investment approach and why it's been

successful?

Mr. Winer: The Third Avenue Real Estate Value Fund adheres to Marty

Whitman's strict value investing