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Wait and Hope

edited June 2011 in Fund Discussions
Sorry if this has been posted previously. The article is from Steve Romick of FPA Advisors on current investment climate.

http://www.fpafunds.com/news_05052011_valueinvesting.pdf

Comments

  • Fantastic read. "The fact that the U.S. finds itself in its current predicament really ticks me off. Cathartic moments and beneficial change can occur after experiencing great pain. As a nation, we had a chance following the financial crisis, but blew it." Exactly, and now it's too late (I think.)
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