Kevin Duffy got into the investing business in 1985 as an analyst and also as a strategist. He started and cofounded a money management firm in 1988 after the ’87 crash. Kevin Duffy and Bill Laggner are the brains behind the Bearing Fund. In case you have not heard of the Bearing Fund, it is a hedge fund that gained over 100% in 2008 when most 401k’s were turned into 201k accounts. Bill met Kevin in the ’90s and both cut their investing teeth on the short side of the tech bubble markets that imploded in 2000, after which they formed Bearing Asset Management.