Mutual fund maestro Jean-Marie Eveillard retired in 2004, with an enviable record: In 25 years running the First Eagle Global Fund, he bested the Standard & Poor's 500 -stock index by an averagernof two percentage points a year. French-born Eveillard returned to service in March when his succes-sor departed, and the $22 billion fund has beaten the S&P by a percentage point since. Eveillard, who also manages First Eagle's $11 billion Overseas Fund, is known for the unusual practice of putting gold in his portfolios. Contributing Editor Christopher Farreli chatted with Eveillard about his investments.
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