General Investing >> Money Manager Interviews >> April 30, 2021

Niche SMID-Caps Can Stay on Course in an Unpredictable Economy

Baker, Bill
Bill Baker, CFA, is Founder and Portfolio Manager at Gaineswood Investment Management, Inc. He founded the predecessor firm, GARP Research Corporation, in late 1995 after gaining portfolio management experience by managing in excess of $100 million for nine years. Mr. Baker has performed investment management and research for over 30 years. Mr. Baker was a portfolio management professional at Oppenheimer Mutual Funds for nearly five years, managing stock investing for several funds totaling over $500 million. One of these funds, Oppenheimer Asset Allocation, was awarded Morningstar’s 5-Star mutual fund rating in November 1990 shortly before he left the firm. Subsequently, he joined Reich & Tang as one of four portfolio investment managers until founding Gaineswood. He received an MBA from the Amos Tuck School at Dartmouth College and a degree in economics from the University of Pennsylvania. He wrote “Endless Money: The Moral Hazards of Socialism” which John Wiley & Sons published in 2009. Profile
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TWST: Could you tell me about the firm?

Mr. Baker: The firm was founded in 1995. And we’ve had a good GIPS-compliant record going back to