Our Select Mutual Fund & Co-founder, Rafe Resendes, was featured in Sarah Max’s Barron’s Online article. Sarah explains why valuation distinguishes the Select Fund from most large value funds and why it has performed better than 96% of its peers.
Facebook Stock Is ‘a Screaming Value,’ Says This Top-Performing Fund Manager
Looking Back, Looking Forward – 2022Q3
Those latest earnings forecast, are implying an economic soft-landing, not an outright severe recession. Historically, the SP500 EPS change during a recession was a decline in the high teens. That said, with the SP500 losing nearly a quarter of its value YTD, investors clearly have embraced less robust prospective earnings than what the consensus estimate is suggesting. […more]