The Daily Interview: Finding Value in Today's Market

With value one of the few bright spots in equity investing, the Daily Interview turned to a leading value manager to ask him how he's been able to keep such a steady and profitable hand during the continued market turmoil.

Peter I. Higgins Portfolio Manager, Dreyfus Midcap Value Fund and Dreyfus Small Company Value Fund

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Peter I. Higgins is manager of the (DSCVX Quote)Dreyfus Small Company Value fund, which is up 25.1% so far this year after delivering a 5.4% return in 2000. The second fund he manages, the (DMCVX Quote)Dreyfus Mid Cap Value, is up 17.92% this year after delivering 27.5% in 2000. Here Higgins explains how he's been able to achieve these impressive returns.

TSC: You call yourself a contrarian investor and say you don't pay much attention to Wall Street. How difficult is it for you to make these judgment calls and ignore what is happening in the broader markets? ...