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…
Tag: Steven Romick
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…)