Symbols of the Federal Bureau of Investigation of the FBI; the red stripes stand for courage, valor, and strength, while the white ones represent light, cleanliness, and truth. Below the wreath and shield is a scroll bearing the words "Fidelity, Bravery, Integrity". This slogan, which was devised in 1935 by FBI Inspector W.H. Drane Lester, describes the high moral standards and high level of motivation the FBI expects from its staff. It also reflects the Bureau's own initials as a "backronym" of sorts. However, a "Newsweek" article from 2008 credits Edward Allen Tamm, once a top aide to J. Edgar Hoover who regularly briefed President Franklin Roosevelt
Fidelity Contrafund Fidelity Contrafund Fidelity Contrafund (symbol FCNTX) is a mutual fund operated and provided by Fidelity Investments. Its current manager is William Danoff, who has headed the fund since 1990. Contrafund's AUM (assets under management) as of July 2015 total over 112 billion USD. As of 2015 Contrafund was the second-largest actively-managed mutual fund in the US by assets, after AGTHX (Growth Fund of America, managed by American Funds), and was the largest mutual fund of any type managed by an individual. The fund's name stems from its original mandate in 1967: "the fund's mission was to take a contrarian view,