We have been conducting due diligence on stock pickers since the founding of our firm in 1987, so we are already very familiar with many industry veterans. Also, by being in the industry for many years, we are familiar with many others by reputation. Aside from managers we already know, we also search industry databases and we are often contacted by investment management firms interested in running money for Litman Gregory Masters Funds. Finally, we also query stock pickers we respect for recommendations. Once we have identified a candidate we conduct extremely thorough due diligence to determine whether the stock picker is worthy of running money for a Litman Gregory Masters Funds.