General Investing >> Money Manager Interviews >> November 8, 2004

TODD AHLSTEN – PARNASSUS INVESTMENTS

TODD AHLSTEN is the Portfolio Manager for the Parnassus Equity Income Fund and the Parnassus Fixed-Income Fund. He is also Director of Research and Vice President at Parnassus Investments. Mr. Ahlsten completed an undergraduate degree from the Haas School of Business at the University of California, Berkeley in 1994. He began working as an analyst at Parnassus Investments in 1995 and was promoted to Director of Research in 1998. In May 2001, Mr. Ahlsten was named co-Portfolio Manager of the Parnassus Equity Income Fund and Fixed-Income Fund. He became sole Portfolio Manager of those Funds in May 2002. In August 2003, Mr. Ahlsten was ranked number 43 on Barron's Top 100 Fund Manager list. Profile
TWST: Would you start out with an overview of Parnassus Investments and

your investment philosophy?

Mr. Ahlsten: The firm was started in 1985 by Jerry Dodson. At that time,

there were two main