The Index Fund Trader
Traders Magazine, December 2000
Brian Smolinski, 39, a trader at Lyon Street Asset Management in Grand Rapids, Mich., has a goal: He tries to add value to each trade. Smolinski, a Michigan native, is the sole trader for the Kent Index Equity Fund, an S&P 500 mutual fund with some $900 million in assets.
"I try to add value by beating the strike price when a stock goes in or out of the index," he said. "I also give limit orders to broker dealers so that they don't mess around with the price. I usually have the luxury to wait around to get the price."
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