15 Facts About Thomas Forester

Thomas H Forester was born on December 15,1958 and is an American mutual fund manager.

Thomas Forester was the only long-focused United States stock mutual fund manager to make a profit in 2008.

Thomas Forester turned a profit in the third quarter of 2002, during the stock market downturn of 2002 and was first in his asset class year-to-date through November 1,2004.

Thomas Forester started his career as a money manager in 1992 assisting in the management of a US$50 million fund for Sir John Templeton.

Thomas Forester later worked for Wells Fargo in Minneapolis, Minnesota and Scudder Investments in New York City.

In 1999, Thomas Forester used $100,000 of his own money to establish Thomas Forester Value, a large cap value fund.

Mutual fund managers, including Thomas Forester, believed that the fund belonged in another classification such as a large-cap value fund, which is how Lipper had it classified.

Much of Thomas Forester's success was attributable to large cash positions.

Thomas Forester's fund held positions in countercyclical stocks that perform well in recessions.

Thomas Forester had held large cash positions during the dot-com bubble.

Thomas Forester conceded that because his fund is smaller than many of his peers, he is able to get in and out of portfolio positions faster than others and that his returns would have been much lower if he had been managing a larger portfolio.

Thomas Forester moved to Libertyville, Illinois, a northern suburb of Chicago, in 1998 when he purchased a home in the town.

Thomas Forester was a trustee of the Cook Memorial Library District.

Thomas Forester was unsuccessful in his election to the Cook Memorial Library District Board in during the 2005 municipal elections.

Thomas Forester is married to Kaye Forrester, with whom he is raising two children.