10 Questions With Ken Gregory

Ken Gregory might not be the Fund Junkie, but he is a fund junkie.

In the wake of last year's bloodbath, fund investors and plenty of battered stock investors are asking the same thing: How can I build a diversified portfolio of mutual funds that will grow my assets over time without white-knuckle volatility?

Enter Ken Gregory, chief investment officer at Orinda, Calif.-based Litman/Gregory & Co., which picks the sub-advisers for the Masters' Select funds, publishes the No-Load Fund Analyst, and manages money for private clients. Gregory tells us how he'd build a portfolio for a long-term investor, names his favorite managers, and gives shareholders of sagging Janus funds his 2 cents on that shop's prospects. ...