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Monday, January 11, 2010|
Foster Friess Awaits a Warm Reception for DailyCaller.com
Retired fundster Foster Friess is finding a new way to spend money during his golden years. The ex-stock picker for the Brandywine Fund is reportedly putting $3 million into a new Website that is being touted as the conservative answer to the Huffington Post.
In an interview with PaidContent.org, Carlson said that the site currently employs 21 staffers and has a number of launch sponsors. Those advertisers include: The Auto Alliance, the Chamber of Commerce, the Southern Company, Broadband for America, and the National Mining Association.
The site's conservative roots go deeper than Friess' safe. A former aide to Vice President Dick Cheney is Carlson's partner. Moira Bagley, press secretary for the Republican National Committee in 2008, is the opinion editor.
Friess started selling his stake in Friess Associates (the advisor to Brandywine) to Affiliated Managers Group (AMG) in 2001. The Friess family continues to hold a 10 percent stake in the asset manager.
Meanwhile, Friess also maintains his own Website at FosterFriess.com where he extols his free market and Christian views.
Printed from: MFWire.com/story.asp?s=23851
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