General Investing >> Money Manager Interviews >> March 9, 2009
Randall R. Eley is President and Chief Investment Officer of The Edgar Lomax
Company, an investment advisory firm in Springfield, Virginia. He graduated from
Yale University in 1974 with a BA degree in Political Science and received a JD
degree from the University of Chicago Law School in 1977. Prior to founding the
company, he was a practicing corporate attorney specializing in bond law with
the Omaha, Nebraska-based firm of Kutak Rock. He started there in June 1977 and
was a partner from January 1982 through August 1986. The Edgar Lomax Company has
established a solid reputation as an equity management firm. It has been ranked
periodically by Nelson Information, Inc., as a "large-cap value" money manager
on its World's Best Money Managers list and has held the top-performing position
twice in the past: for the three-year periods ending on March 31 and June 30,
1996. His credentials as a money manager have grown along with those of the
company. He is a two-time winner of The Wall Street Journal's "dartboard" stock-
picking contest (in January and June 1990). He has appeared on numerous radio
and TV programsincluding repeat appearances on CNN, CNBC, Wall Street Week and
as a regular "guest market monitor," on The Nightly Business Reportand been the
subject of many articles, including profiles in Barron's on April 1, 2002 and in
the March 21, 2005 issue of Fortune magazine. He has also received a number of
honors, which include his selection by Dollars and Sense magazine in 1988 as one
of "America's Best & Brightest Young Business & Professional Men" and his
selection by The Washington Times in February 1997 as one of "Five Banking
Executives You Need in Your Rolodex." In addition to his position with The Edgar
Lomax Company, he is a member of the New York Stock Exchange's Individual
Investors Advisory Committee and the Board of Visitors of the University of Mary
Washington. Profile
investment philosophy?
Mr. Eley: The company has been in business almost 23 years, since September
1986, and we are
