Steven Romick

STEVEN ROMICK: CONTRARIAN CASH

May 23, 2014

Great Investor, Steven Romick, Morningstar’s 2013 Asset Allocation Fund Manager of the Year has built up one of the largest cash hordes of his career in his FPA Crescent Fund. This noted contrarian says even with his broad investment mandate of investing in any asset class, in any market the bargains are few and far between. He discusses the opportunities he is finding in farmland, real estate loans and some selective stocks. Continue Reading »

STEVEN ROMICK: NO FALSE PROMISES

May 23, 2014

Steven Romick, Morningstar’s 2013 Asset Allocation Fund Manager of the Year, is known for his outspoken and contrarian views. In a recent quarterly letter to shareholders he told them if they believe the market is going to continue to go up, they would be better served having their capital with a manager who is more fully invested.

Watch the related WEALTHTRACK Episode.

STEVEN ROMICK: CONTRARIAN CASH TRANSCRIPT

May 23, 2014

Steven Romick, Morningstar’s 2013 Allocation Fund Manager of the Year on why he is holding large sums of cash in his FPA Crescent Fund.

Steven Romick: Great Investor, Steven Romick, comments on the ’87 Market Crash

October 19, 2012

A rare interview with Great Investor, Steven Romick of FPA Crescent Fund. Romick describes how he is keeping his five-star rated fund on top by balancing the forces of inflation and deflation and continuing his contrarian, value-oriented strategies. Continue Reading »

CONSIDER INVESTING IN “COMPOUNDERS”

October 19, 2012

“COMPOUNDERS”

  • Dominant global businesses
  • Skilled at reinvesting capital
  • Margin of safety

Some “compounders” in the FPA Crescent Fund: AON (AON), WPP (WPPGY), Unilever (UNLYF)

AON Chart

AON data by YCharts

Watch this episode here.

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