Retirement
In February 2012, Whitman announced that he was retiring from active management of the $3.2 billion Third Avenue Value Fund. he will hand over responsibility to his longtime co-manager and protégé, Ian Lapey on March 1, 2012.
Read more about this topic: Martin J. Whitman
Famous quotes containing the word retirement:
“He who comes into Assemblies only to gratifie his Curiosity, and not to make a Figure, enjoys the Pleasures of Retirement in a[n] ...exquisite Degree.”
—Richard Steele (1672–1729)
“Douglas. Now remains a sweet reversion—
We may boldly spend, upon the hope
Of what is to come in.
A comfort of retirement lives in this.
Hotspur. A rendezvous, a home to fly unto.”
—William Shakespeare (1564–1616)
“The student who secures his coveted leisure and retirement by systematically shirking any labor necessary to man obtains but an ignoble and unprofitable leisure, defrauding himself of the experience which alone can make leisure fruitful.”
—Henry David Thoreau (1817–1862)