Read the Wall Street Journal Transcript: Investing in Competitively Advantaged Companies with Strong Managements

TWST: Please give us a snapshot of Luther King Capital Management, a bit about the company’s history and business today.

Mr. King: Luther King Capital Management was founded in 1979 by Luther King, after he had served for nearly a decade at Lionel D. Edie. He stepped out on his own to establish a firm here in Texas. The initial clients were from the Fort Worth and Dallas area. The requests from initial clients were for him to establish a firm based in Fort Worth and to focus on the investment research as opposed to marketing.

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