1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
GuruFocus
GuruFocus
Articles (1307) 

Steven Romick on WealthTrack

October 20, 2012 | About:
Steven Romick on WealthTrack: On this week’s Consuelo Mack WealthTrack, a rare interview with Great Investor, Steven Romick of FPA Crescent Fund. Romick describes how he is keeping his five-star rated fund on top by balancing the forces of inflation and deflation and continuing his contrarian, value-oriented strategies.

FPA Crescent Fund; 10-year averaged 9.85%.

At this point of time, best business with high quality.

Walmart (NYSE:WMT): Bought in summer of 2011, and gain 50%. Viewed as bond with rising coupon.

AIG: book value at $60. Stocks at $40. It has three business.

Short VOLVO and Nissan, long Renault.

Omnicare (NYSE:OCR): technology inprovement



Also read the interview GuruFocus had with Steven Romick

Rating: 3.2/5 (14 votes)

Comments

Please leave your comment:


GuruFocus Mobile App


User Generated Screeners


rael2222AAAAA
rael2222AAA
rael2222AA
rael22221
Hendrixlp70Free Cash Flow
rael2222BANKS
akcapitalS&P Dividends
dpostelPE DRIVEN BEST
dpostelPE DRIVEN
Doug Taylorgrowing high yield dividends
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK