Bill Rutherford In BusinessWeek

Business Week

Marcial: How Four Pros Played the Stock Meltdown

One waded into fallen bank stocks and shorted credit-card shares, another eyed health-care issues, a third bought countercyclicals—and a fourth sat tight

by Gene Marcial

What did investors do when the Dow Jones industrial average plunged 777.68 points, or 7%, on Sept. 29, to 10,365.45? Head for the nearest bar for a double? Or rush to double up, or down, on their stocks?

Either way, the Dow’s sharp response to the unexpected rejection by the House of Representatives of the Treasury’s buyout plan reminded investors yet again of how unpredictable and volatile the market can be.

“You’ve got to have a steel stomach to confront these types of markets—to survive or win,” says William Harnisch, president of hedge fund Peconic Partners, which manages some $1.5 billion in assets. And a winner he’s been at a time when most other hedge funds are struggling to avoid sinking. In 2007, Peconic posted a 64% gain, and this year is up 8% though Sept. 29, vs. a decline of more than 20% for the Standard & Poor’s 500-stock index. So Harnisch wasn’t one of those who scurried to the nearest tavern: He dared to buy stocks as the market plummeted. […]

Bill Rutherford In The Portland Business Journal

Yardstick of success: ‘Have I made things better?’ – Bill Rutherford

RESUME

Name: William “Bill” D. Rutherford
Title: President
Organization: Rutherford Investment Management LLC
Background: Finance, Business, Law, International investing and business politics
Education: B.S., University of Orgeon, LLB Harvard Law School
Residence: Portland

BUSINESS PHILOSOPHY

Essential business philosophy: The Golden Rule
Best way to keep competitive: Deliver the best client service and performance possible.
Guiding principle: The Golden Rule
Yardstick of success: Have I made things better?
Goal yet to be achieved: Making things better. […]

September 27th, 2007|Categories: About Bill Rutherford|0 Comments