Equity-Like Returns With Less Than Stock Market Risk

“Jack be nimble Jack be quick” isn't a concept one usually associates with long-term value investors but sometimes extraordinary times call for exceptional responses. The first quarter of 2020 was one such event for this week’s guest. 

Steven Romick, who has appeared on WEALTHTRACK since our launch in 2005 rarely does television interviews which is one of the many reasons we are delighted to have him with us this week. For those of you not familiar with him, he is Co-Portfolio Manager of the FPA Crescent Fund which he founded in 1993 and ran for many years before bringing on his current team. Since its inception this go anywhere, invest in anything balanced fund has delivered better than 10% annualized returns besting the stock market and its balanced portfolio benchmarks by substantial margins. 

WEALTHTRACK #1746 broadcast on  May 14, 2021

More Info: https://wealthtrack.com/great-investor-steven-romick-loaded-up-on-unloved-stocks-during-2020-sell-off-whats-his-plan-now/