Jim Stack: Mastering the Market from Montana

James Stack’s career as a financial advisor is testament to the fact that you can understand the movements of the stock market while working 2,200 miles away from it.

A native of western Montana, Stack made a decision to forgo life in a financial center for the pleasures of working in Whitefish, in the middle of the Montana Rockies, not far from Glacier National Park.

After an early stint as an IBM project manager in Colorado, Stack turned his personal interest in stock markets into a career: In 1982, he launched an investment newsletter that quickly won the attention of several national publications including Barron’s, along with the interest of a small but growing following of investors. In 1994, he launched Stack Financial Management, a money-management firm known for its willingness to reduce stock exposure when markets appear overvalued.