Acceptance Speech for Daniel J. Fuss
To paraphrase Lloyd Bentson in his debate with Dan Quayle,
I know Dan Fuss
I work with Dan Fuss
And I can tell you; I’m not Dan Fuss!!
A former inductee has used the analogy of Butler Creek to describe the bond market very effectively. Dan talks about a river with crocodiles, teenagers, and hockey players in his description, so I’m not even going to attempt that!
Dan is the Managing Partner of our group, Fixed Income Management in Boston. As Associate Managing Partner, I’m like Al Gore. So, even though I invented the practice "bond picking" based on credit research, it was Dan who managed to take it to new heights, as you’ve heard.
FIM’s "style" is to construct portfolios based primarily on credit research. So we as a group, and Dan in particular, have a deep and sincere appreciation for the importance of credit research --- and the important contribution this society makes to that field.
I know how much this award meant to Dan, and how badly he wanted to be here tonight to accept it and express his appreciation. Many friends, associates, and clients are present to share in this moment: (Kent Newmark, Loomis - San Francisco; Diarmuid O’Connell, FIM retiree and wife Elizabeth; and Jae Park from IBM and wife Kim.)
So, on Dan’s behalf, Thank you!