2018 Fourth Quarter Commentary
For printable version which includes all graphs and tables, please click here. Capital Formation and Prudence in a World of Funny...
FRM is employee-owned and our sole source of revenues is directly from our clients who hire us to make their investment decisions
We adhere to a strict value investment philosopy, seeking to deliver long-term performance while protecting against a permanent loss of capital
Our team has a 30-year history of managing portfolios and includes
7 CFAs and 5 CPAs
We use our own bottom-up research and analysis process developed over 50+ years to directly invest in individual stocks and bonds