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Montreal-based money manager Stephen Takacsy
Montreal-based money manager Stephen Takacsy
(Christinne Muschi for The Globe and Mail/)

Berman's View

Search for value leads money manager to strange places

Some professional investors dazzle us with their brash egos, their multibillion dollar portfolios and their massive bets on mega-cap behemoths.

But Stephen Takacsy’s appeal is different, and his low-key approach to investing is a snap for smaller investors to emulate.

From his base in Montreal, the soft-spoken chief investment officer at Lester Asset Management directs a relatively modest portfolio of just $270-million in segregated accounts, plus another $35-million in the Lester Canadian Equity Fund.