Steve Romick – Value Investing Has Morphed From The Days Of Graham and Dodd

Johnny HopkinsInvesting Strategy, Steven RomickLeave a Comment

We’ve just been listening to a great interview by Meb Faber with one of our favorite value investor’s – Steve Romick, Portfolio Manager for the FPA Crescent Fund. During the interview Romick explains how value investing has morphed from the days of Graham and Dodd saying: Steve: Value investing is, to us, simply investing with a margin of safety, believing that … Read More

Steven Romick – Avoiding The Worst Performing Stocks Can Lead To Outperformance – Here’s How

Johnny HopkinsSteven RomickLeave a Comment

Steven Romick at FPA has just put out a great paper called, Two Decades of Winning by Not Losing. It’s a great illustration of how you can outperform in the stock market by avoiding the worst performing stocks. Here’s an excerpt from that paper: Thanks to the accelerated increase of passive investing – now around 40% of the U.S. market – I’m … Read More

Steven Romick – Admiting to His Mistakes on Hewlett Packard

Johnny HopkinsSteven RomickLeave a Comment

One of our favorite investors here at The Acquirer’s Multiple – Stock Screener is Steven Romick. Romick is the Managing Partner at FPA Funds, he serves as Portfolio Manager for the FPA Crescent Fund, Source Capital, Inc. and the FPA Multi-Advisor Strategy. Prior to joining FPA, he was Chairman of Crescent Management and a consulting security analyst for Kaplan, Nathan … Read More