Ann: Daily NAV, page-18

No. Magellan has been sucessful in that sense not only because they carved out a decent track record, but because they built a massive, highly sucessful marketing machine to drive sales. I don't see Steve going down this path. Also more importantly, Forager's investment style doesn't lend itself to running billions like Magellan can in their strategies. Excellent record yes. But not going to be a mega manager imo.