General Investing >> Money Manager Interviews >> March 25, 2015

Using Volatility as an Advantage When Investing in Value-Stable Companies

C.T. Fitzpatrick
C.T. Fitzpatrick, CFA, is the Founder, Chief Executive Offer and Chief Investment Officer of Vulcan Value Partners. Mr. Fitzpatrick founded Vulcan Value Partners in 2007 to manage his personal capital. Since inception, all four strategies have peer rankings in the top 1% of value managers in their respective categories. Prior to founding Vulcan Value Partners, Mr. Fitzpatrick worked as a Principal and Portfolio Manager at Southeastern Asset Management. During his 17-year tenure, the team at Southeastern Asset Management achieved double-digit returns well ahead of inflation and was ranked in top 5% of money managers over five, 10 and 20-year periods according to Callan and Associates. Mr. Fitzpatrick earned his MBA in finance from the Owen Graduate School of Management at Vanderbilt University. He also has a B.S. in corporate finance from the University of Alabama. Profile
TWST: Give us a quick overview of the firm, please.

Mr. Fitzpatrick: We started Vulcan Value Partners in 2007 to manage our personal capital. One of the things that's unique about us is