Category Archive

In this interview with Excess Returns, Steven Romick discusses how he finds opportunities investing in the gap between perception and reality. Here’s an excerpt from the interview: Romick: Somebody will be on the cover of some magazine in the next year or two that they got it right. And then … Read More

In this interview with WealthTrack, Steven Romick discusses his value investing perspective on always trying to consider what can go wrong with an investment. Here’s an excerpt from the interview: Romick: I think if you need to always look at things from two sides. What can go right as well … Read More

During this interview with WealthTrack, Steven Romick discusses his evolution as a value investor. Here’s an excerpt from the interview: Host: Steven, for the seventh edition of the investment classic Graham and Dodd Security Analysis, you were asked to write an introduction to a chapter about your evolution as a … Read More

During his recent Q1 2023 Earnings Call, Steve Romick explained why Banks are incredibly vulnerable due to duration mismatch. Here’s an excerpt from the call: Romick: So, I guess I’ll sum this up and say that the banks that have failed now, I think if we were to rewind a … Read More

In his recent interview with Meb Faber, Steve Romick explained how value investing has changed since Graham & Dodd. Here’s an excerpt from the interview: Romick: Let’s take a step back and think about, for those of you familiar with the book “Security Analysis,” the Graham and Dodd book, that’s … Read More

In his recent interview on the In Search Of Excellence Podcast, Steve Romick recommends investors understand who they are before they start investing. Here’s an excerpt from the interview: Romick: I would start with appreciating who each person is. Some people… just not who they are, to really understand how … Read More

In his latest presentation to Nedgroup Investments, Steven Romick illustrates, using historical data, why high earnings growth is unsustainable, and why price matters. Here’s an excerpt from the presentation: Romick: A lot has to go right for these companies in the 10th decile to earn equity-like rates of return. Some … Read More

In his latest interview on the Masters In Business Podcast, Steven Romick discussed how he achieved outstanding results buying into fear during the pandemic. Here’s an excerpt from the interview: RITHOLTZ: You are down 34 percent will do that, right? ROMICK: Some of the business we owned were people threw … Read More

In his latest interview on WealthTrack, FPA,s Steven Romick discusses a number of topics including how growth stocks can bail value investors out of a lot of problems, but not at any price. Here’s an excerpt from the interview: Romick: We’re value investors. It’s a fuzzy line that separates growth … Read More

Here’s a great interview with Tiger-Cub Steven Romick on The Long View Podcast with Jeff Ptak and Christine Benz. During the interview Romick discusses why value investors can buy growth stocks that offer a margin of safety and why a lot of businesses just won’t be the same in the future … Read More

One of the best resources for investors are the publicly available 13F-HR documents that each fund is required to submit to the SEC. These documents allow investors to track their favorite superinvestors, their fund’s current holdings, plus their new buys and sold out positions. We spend a lot of time … Read More