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May 31, 2003

Holistic investing

AR Schmeidler is a small buy-side player that takes a big picture view of potential investments

Arnold Schmeidler, founder of AR Schmeidler, once considered a career as a classical pianist, and still plays when he is away from the more discordant notes of Wall Street. Since 1971, he has been running his own buy-side firm and has managed to retain some of the same clients for over 30 years.'We have very little turnover,' he says with modest pride. 'A tax-exempt account we got in 1975 that started with about $1.5 mn is now about $31 mn, even though every quarter for quite a few years they've

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