General Investing >> Money Manager Interviews >> February 2, 2009

INVESTING IN VALUE STOCKS – JAMES D. HARDESTY – HARDESTY CAPITAL MANAGEMENT, LLC

JAMES D. HARDESTY is President, Market Strategist and Chief Economist of Hardesty Capital Management, LLC. Born in Baltimore, Mr. Hardesty is a graduate of Georgetown University and holds an MBA from Columbia University. Prior to founding Hardesty Capital Management, he served in a variety of investment positions at Mercantile-Safe Deposit and Trust Company, being named Chief Investment Officer in 1980 and Executive Vice President in 1986. He is a Chartered Financial Analyst and a past President of the Baltimore Society of Security Analysis. Currently a trustee of LINC (Learning Independence Through Computers), he has formally served as Trustee for the Boards of Family and Children's Services of Central Maryland, Gilman School and the Walters Art Gallery, as well as assuming the position of Treasurer for the latter two organizations. Profile
TWST: Would you start with an overview of your firm and its investment

philosophy?

Mr. Hardesty: The firm was founded in 1995 and is now 13 years old. We manage

$700 million of equities and