Steve Romick, FPA Funds – Live at Future Proof! | #444

<p>Today we have a special episode for you today from last weeks’ Future Proof Festival. I recorded live with Steve Romick, portfolio manager for the FPA Crescent Fund and one of my favorite portfolio managers to talk to.</p> <p>In today’s episode, Steve shares his view of the world and where he sees value today. He explains why he owns Google, Comcast, CarMax, and even some SPACs and convertible bonds. Then he updates us on investments we discussed on his first appearance on the podcast in 2019, including farmland and container ships.</p> <p>To listen to Steve's first appearance on The Meb Faber Show back in 2019, click <a href= "https://mebfaber.com/2019/01/02/episode-136-steve-romick-value-investing-is-to-us-simply-investing-with-a-margin-of-safety-believing-that-youve-made-an-investment-where-its-hard-to-lose-money-over-time/"> <strong>here</strong></a></p> <p>-----</p> <p>Follow Meb on <a href= "https://twitter.com/MebFaber"><strong>Twitter</strong></a><strong>, <a href= "https://www.linkedin.com/in/mebanefaber/">LinkedIn</a></strong> and <a href= "https://www.youtube.com/channel/UCKvWzzrVUA_DSCoKXL6GU2w?sub_confirmation=1"> <strong>YouTube</strong></a></p> <p>For detailed show notes, click <a href= "https://mebfaber.com/2022/09/21/e444-steve-romick/"><strong>here</strong></a></p> <p>To learn more about our funds and follow us, subscribe to our <strong><a href= "https://us1.list-manage.com/subscribe?u=6750faf5c6091bc898da154ff&id=7249739cdb">mailing list</a> </strong>or visit us at <a href= "http://www.cambriainvestments.com/"><strong>cambriainvestments.com</strong></a></p> <p>-----</p> <p>Today’s episode is sponsored by <a href= "http://www.cmpsr.co/meb"><strong>Composer</strong></a>. Composer is the premier platform for investing in and building quantitative investment strategies. What used to take Python,Excel and expensive trading software is available for free in an easy to use no-code solution. Learn more at <a href= "http://www.cmpsr.co/meb"><strong>www.cmpsr.co/meb</strong></a>.</p> <p>-----</p> <p>I