John Rogers

John Rogers

Ariel Investment, LLC
Last update 2020-02-14 146 Stocks (6 new)
Value $7.97 Bil Turnover 4 %
Guru Portfolio Report Download

John Rogers Profile

John Rogers is the Founder of Ariel Investment, LLC, which he started in 1983. As of 2008, the firm had over $15.5 billion in assets under management. John manages Ariel's small and mid-cap institutional portfolios as well as the Ariel Fund (ARGFX) and Ariel Appreciation Fund (CAAPX). He is also a long-term Forbes columnist writing a column called "Patient Investor."

John Rogers Investing Philosophy

Rogers has concentrated his investment selection on small and medium-sized companies whose share prices are undervalued. He believes that patience, independent thinking, and a long-term outlook are essential to achieving good returns. His fund seeks to purchase companies whose prospects include high barriers to entry, sustainable competitive advantages, and predictable fundamentals that allow for double digit cash earnings growth. Rogers purchases companies when they are trading at a low valuation relative to potential earnings (p/e less than 13x forward cash earnings) and/or a low valuation relative to intrinsic worth (40% discount to private market value - PMV).
EMBED
EMBED

Performance of Ariel Fund

Year Return % S&P500 % Excess Gain %
2019 24.67 30.58 -5.9
2018 -13.67 -4.57 -9.1
2017 15.88 21.7 -5.8
3-Year Cumulative (2017-2019) 24.72 (7.64/Year) 51.65 (14.89/Year) -26.93 (-7.25/Year)
2016 15.56 12 3.6
2015 -4.1 1.24 -5.3
5-Year Cumulative (2015-2019) 38.22 (6.69/Year) 71.96 (11.45/Year) -33.72 (-4.74/Year)
2014 10.95 13.46 -2.5
2013 44.68 32.31 12.4
2012 20.32 15.99 4.3
2011 -11.34 1.9 -13.2
2010 25.97 15.05 10.9
10-Year Cumulative (2010-2019) 198.14 (11.54/Year) 251.03 (13.38/Year) -52.89 (-1.84/Year)
2009 63.42 26.35 37.1
2008 -48.25 -36.79 -11.5
2007 -1.7 5.15 -6.9
2006 10.35 15.84 -5.5
2005 0.92 4.83 -3.9
15-Year Cumulative (2005-2019) 176.02 (7.00/Year) 257.98 (8.87/Year) -81.96 (-1.85/Year)
2004 21.97 10.7 11.3
2003 28.04 28.18 -0.1
2002 -5.18 -21.58 16.4
2001 14.21 -11.76 26
2000 28.77 -9.75 38.5
20-Year Cumulative (2000-2019) 501.12 (9.38/Year) 217.22 (5.94/Year) 283.90 (3.44/Year)
1999 -5.76 20.38 -26.1
1998 9.89 28.69 -18.8
1997 36.44 33.49 2.9
1996 23.51 22.5 1
1995 18.52 38.06 -19.5
25-Year Cumulative (1995-2019) 1143.35 (10.61/Year) 1009.46 (10.10/Year) 133.89 (0.51/Year)
1994 -4.22 0.38 -4.6
1993 8.73 10.08 -1.4
1992 11.73 7.62 4.1
1991 32.72 30.47 2.3
1990 -16.08 -3.1 -13
30-Year Cumulative (1990-2019) 1511.34 (9.71/Year) 1568.00 (9.83/Year) -56.66 (-0.10/Year)
1989 25.11 31.69 -6.6
1988 39.92 16.61 23.3
1987 11.4 5.1 6.3

Commentaries and Stories

  • 1

Top Ranked Articles

  • 1