According to Fortune.com, "In 1983 Rodriguez joined First Pacific Advisors, then a burgeoning money-management firm with $1.6 billion in assets, and launched FPA Capital, a stock fund, and FPA New Income, a bond fund. His approach has been the same ever since. In his equity fund he maintains a highly concentrated portfolio of about 30 stocks and holds them for many years, buying and selling on dips and bumps." (found here)
According to GuruFocus, "...Robert Rodriquez has managed the FPA Capital Fund (FPPTX) and the FPA New Income Fund since the funds' inceptions in 1984. During his tenure, he has achieved an annualized return of 16.91% as of 9/30/2007. In the same period S&P 500 has returned 13.17% annually. Mr. Rodriguez is one of the few who warned investors about the financial crisis a few years earlier. " (found here)