General Investing >> Money Manager Interviews >> June 30, 2008

VALUE INVESTING IN LARGE & SMALL CAP STOCKS – TED D. KELLNER – FIDUCIARY MANAGEMENT, INC.

TWST: Would you start by telling us about Fiduciary Management and your

investment philosophy there?

Mr. Kellner: The firm was started in 1980. We have two products at Fiduciary

Management,