New York
IT'S NOT Wall Street, where the biggest names in banking stalk the canyons of Manhattan. And it's not the City of London, where grand financial institutions new and ancient grace the shores of the slate-gray Thames. No, this is Columbus, Ohio, and John McClain, a portfolio manager at Diamond Hill Capital Management, surveys a panorama unlike the traditional citadels of capitalism. From his desk, Mr McClain gazes out at a Tim Hortons fast-food joint and the arena where the NHL's Blue Jackets play.
Sure, Mr McClain's office setting is a departure from our accustomed, sepia-toned image of the world of high finance. But so is the way he does business.
Take this anecdote from November.
Mr McClain...
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