Anthony Bolton puts off special situation until 2006

The statement comes as the fund manager has celebrated its 25th anniversay in the UK. The company says: “Anthony has confirmed that he will continue to manage Special Situations for at least a further two years until the end of 2006.” Bolton himself puts his success down to 16 rules: understand the business franchise and its quality understand the key variables that drive the business favour simple businesses over complex ones hear directly from the management avoid dodgy management at all costs try to think two moves ahead of hte crowd understand the balance sheet risk see...