Gary Pilgrim

Gary Pilgrim (born (1940-11-05)November 5, 1940 in Nowata, Oklahoma) is a retired investment manager and a founding partner of Pilgrim, Baxter, Hoyt & Greig, later known as Pilgrim Baxter & Associates (PBA). Pilgrim is best known for his management of the PBHG Growth Fund, one of the most popular growth-style mutual funds of the mid- to late-1990s. He is considered an innovator in growth stock investing, developing an aggressive approach which seeks out small, rapidly growing companies with the potential to beat quarterly earnings expectations, resulting in sharp upward movement of their stock price. This style is characterized by high volatility with a tendency toward dramatic gains or losses.