Part 1 of 2

Discover insights from renowned investor Steven Romick, Co-Portfolio Manager of the FPA Crescent Fund, which celebrates its 30th anniversary this year. Unlike most funds, FPA Crescent has not only survived but thrived for three decades, delivering almost 10% annualized returns with lower volatility than the S&P 500. 

Its success lies in maintaining equity-like returns with reduced market risk and avoiding permanent capital losses. Morningstar's Gold analyst rating and the 2013 Allocation Fund Manager of the Year title validate its performance.

In a rare interview, FPA Crescent Fund’s founding portfolio manager, Steven Romick puts the fund’s current positioning into perspective

WEALTHTRACK 2009 broadcast on August 25, 2023

More info: https://wealthtrack.com/great-value-investor-steven-romick-describes-fpa-crescent-funds-current-positioning/

Bookshelf: Security Analysis, Seventh Edition: Principles and Technique: https://amzn.to/3szbiSH

As FPA Crescent Fund celebrates its 30th anniversary, Morningstar asked the fund’s founding portfolio manager, Steven Romick to deliver a keynote speech at its annual conference.

His topic: “The Evolution of a Value Investor.”

https://wealthtrack.com/wp-content/uploads/2023/08/steven-romick-morningstar-keynote-speech-2023-04-final.pdf