NEW YORK -- Value managers edged out growth managers slightly among the 20th century's 10 greatest money managers, according to a new survey by The Carson Group, a financial consultant in New York.
In a survey of investment managers that elicited more than 300 responses, Carson found the top 10 money managers of the century, living and dead, were:
* Warren Buffett, Berkshire Hathaway, with 86.4% of respondents putting him on their top 10 lists;
* Peter Lynch, Fidelity Management & Research, 80.8%;
* John Templeton, Templeton Investment Counsel, 66.6%;
* Benjamin Graham and David Dodd, Columbia University, 62.9%;
* George Soros, Soros Fund Management, 58.3%;
* John Neff, Vanguard Group, 51.7%;
* John Bogle, Vanguard Group, 51.3%;
* Michael Price, Franklin Mutual Advisors, 38.4%;
* Julian Robertson, Tiger Management, 31.8%; and
* Mark Mobius, Templeton Asset Management, 28.1%.
Other managers considered were George Putnam, Gary Brinson, Zalman C. Bernstein, Mario J. Gabelli, Fayez Sarofim, Helen Young Hayes, James P. Craig, Beth F. Terrana, Kenneth Geebner, Ralph Wanger, Gordon Crawford and James E. Stowers Jr.
The pervasive influence of Graham and Dodd's published work in the 1930s is still evident in the composition of the top managers.
Five are value managers -- Messrs. Buffett, Neff, Templeton, Price and Mobius.
Mr. Buffett is the most famous of Messrs. Graham and Dodd's students, but Mr. Neff studied under Professor Sidney Robbins, who was an earlier value investing proponent.