Investors love baseball references. Let the ball come to you; wait for the fat pitch; don’t swing for the fences. Doug Foreman, 63, is guilty of using the occasional baseball cliché, but he also has firsthand experience succeeding in both.
A top-ranked high school player, Foreman was invited to try out for the Los Angeles Dodgers when he was 18. He declined, having already committed to the U.S. Naval Academy.
“I think I made the right decision,” says Foreman, whose batting average as an investor has sent the $2.2 billion Virtus KAR Mid-Cap Growth fund (ticker: PHSKX) to the top of its Morningstar category for every major trailing-return period since he took it over in 2012.