Steve Romick Bets On Retail Apocalypse With Sears Debt

Steve Romick on sears Canada play amid retail woes

Since inception in June 1993, Steve Romick’s FPA Crescent Fund has returned 10.4% annualized Vs 7.0% for the MSCI World Index, which makes the fund one of the best performing value funds out there.

However, while FPA’s record of investing is highly impressive, recently Romick and team have been more concerned about the current “weapon of mass destruction” that is threatening . . .


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