Brandywine's Friess: 'We Felt Justified All Along'

Just a year ago, Foster Friess was a pariah, heavily criticized for moving out of stocks in 1997 just as they got ready to take off. He ended 1998 with a negative 0.7% return in his (BRWIX Quote)Brandywine fund.

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Now, though, with a 42.7% return so far in 1999, his critics will be having a hard time denying that Brandywine's back. Over the last two days, TheStreet.com conducted an email interview with Friess as he zipped about the country. Below is a slightly edited transcript of that exchange.

Back in the Black

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