how to make money in stocks and how to get rich_150

performance decide to move their money in-house. I doubt that going

in-house provides any serious advantage because the problem is still the

same. How do you find those few experienced people who knowhat

they are doing and are able to produce excellent performance?

Another growing trend is the number of new investment counseling

groups formed by standout people that left major institutions. Below is

only a small list of a few of these enterprising organizations.

Clement Capital, Inc.—New York, NY

Essex Investment Management Co., Inc.—Boston, MA

Fries Asociates, Inc.—Grenvile, DE

Helman, Jordan Management Co., Inc.—Boston, MA

Husic Capital Management—San Francisco, CA

INVESCO Capital Management, Inc.—Atlanta, GA

Jundt/Capen Associates—Minneapolis, MN

Railing Capital Management—Chicago, IL

Kunath, Karren, Rinne & Atkin, Inc.—Seattle, WA

Nelson, Benson & Zelmer, Inc.—Denver, CO

Nicholas-Applegate Capital Mgmt., Inc.—San Diego, CA

Northern Capital Management, Inc.—Madison, WI

Sirach/Flin, Elvins Capital Mgmt.—Seatle, WA

Southeastern Asset Management, Inc.—Memphis, TN

On a different subject, certain institutions may allow some of their

important investment policies to be overly dictated by their atorneys.

For example, atorneys may say an institution should not pay up for

research or they should pay cash foresearch. My experience is that

some attorneys are so cautious or adamant they may prevent realistic

and sound busines decisions.

There are a few institutional investors that dictate they wil only pay 6

or 7 cents a share for any order executions. These restrictive internal

policies are sometimeset up by their atorney. They can always find

some brokerage firms that will execute at the very cheapest prices.