'One of the Investment Greats' Explains His Portfolio Strategy: A Q&A with renowned investor Lou Simpson

Lou Simpson, former chief investment officer for Geico?a Berkshire Hathaway subsidiary?and current Chairman of SQ Advisors, has been called ?one of the investment greats? by none other than Berkshire Chairman and legendary investor Warren Buffett. At the time of his retirement from Geico in 2010, Simpson managed a portfolio valued at more than $4 billion. Today he is also a senior fellow and adjunct professor of finance at Kellogg, and a member of the Advisory Council of Kellogg?s Asset Management Practicum as well as a member of Northwestern University?s Board of Trustees. Robert Korajczyk, a professor of finance at the Kellogg School, sat down with Simpson to discuss his remarkably successful investment strategy.