Trapeze Asset Management – Seeking Attractive Values

Trapeze Asset Management January letter
January 31, 2014

Herb Abramson, LL.B.                            RJ Steinhoff, CFA

Randall Abramson, CFA                         Anthony Visano, CFA

Jeff Sayer, CFA, MBA

In our September musing, Investing in a Fairly Valued World, we wrote that for the first time since the financial crisis we view all major markets as fairly valued. We also wrote that this is not something that makes us too nervous as historically the subsequent 1 and 2 year returns from similar valuation levels are positive for . . .


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