Steve Romick's FPA Crescent Fund Still Conservatively Positioned: Q4 Letter
By MarketFolly on Thu, 2013-01-31 16:00
(via www.marketfolly.com)
Steve Romick's FPA Crescent Fund is out with its fourth quarter and 2012 year-end letter and commentary. In it, he highlights how they've maintained conservative positioning due to concern over risk.
FPA Still Conservatively Positioned
Romick writes that,
"Artificial and...
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