In this episode, we speak with FPA Crescent Manager Steve Romick. Steve has built an exceptional long-term record using an approach that combines value investing with protection of capital and…
Tag: Steven Romick
Steve Romick On Being A Value Investor
At the recent Morningstar Investment Conference in Chicago, FPA Crescent manager Steve Romick discussed his 30 years managing the fund and his evolution as a value investor, telling his audience…
FPA's Steven Romick Lists Habits of Successful Investors
Short-term market price movement does not tell us anything about long-term value, according to Steven Romick, managing partner with investment firm FPA. A recent Barron’s article offers an excerpt from…
Romick Sees Some Value In Big Tech, Russia, and Little Else
Top value fund manager Stephen Romick continues to be wary of the current stock market environment, and has a big chunk of his portfolio in cash. (more…)
Romick Still Cautious
In his recent fourth-quarter letter to FPA Crescent shareholders, Steven Romick says he’s continuing to be patient in an overvalued market environment. (more…)
Romick: "We're In The Business Of Looking For Bad News"
Morningstar Fund Manager Of The Year Steven Romick isn’t finding a lot of bargains in the markets right now, but in a recent WealthTrack interview he did discuss some areas…
Romick "About As Bearish As We've Ever Been"
Steven Romick, one of Morningstar’s fund managers of the year in 2013, has grown very bearish and has upped his cash position to about 40% of his portfolio. (more…)
Romick Keen on "Old-School Tech"
Top fund manager Steven Romick says he’s not finding much value in many categories of bonds these days, and is finding stocks to be offering better relative value. Romick tells…
Romick: "We Focus On Where The Bad News Is"
Steven Romick’s FPA Crescent fund is in the top 3% of funds in its class over the past 15 years, according to Morningstar, and in a recent interview with Forbes’…
Romick on Why Bernanke Needs to Go
In a recent letter to FPA clients, top fund manager Steven Romick says the Federal Reserve’s easy money policies are having and will likely continue to have troubling effects on…