10 Questions At Home Around the World By Jerry Kerns On May 28, we asked Sarah Ketterer to answer 10 Questions. 1 You’ve had a global view of the financial crisis. What has surprised you the most? 2 What lessons have you learned? Sarah Ketterer CEO and portfolio manager, Causeway Capital Management Since she was a teenager in the Los Angeles area, Sarah Ketterer has had her eye on faraway places. “I was so eager to get out of my hometown that I spent my junior year of high school in Japan,” she says. “From then on, I realized that there’s just so much more happening in the world than the events in my own backyard.” As head of Causeway Capital Management, a firm she cofounded in 2001 that specializes in global investing, she gets to see plenty of the world. She’s a manager of Causeway International Value CIVVX, which is a Morningstar Fund Analyst Pick in the foreign large-value category. Ketterer and her team follow a strict value discipline in their pursuit of large-cap stocks from developed markets. 3 Has the crisis made you reconsider any aspects of your investing process? 4 Are you placing greater importance on certain metrics of yours? 5 What’s a high-conviction idea for you right now? 6 What do you like best about international investing? 7 What was the first investment you ever made? 8 What’s your favorite city in the world? 9 If you weren’t a portfolio manager, what would you be doing? 10 What is the best remedy for jet lag? 14 Morningstar Advisor August /September 2009