No. of Recommendations: 5
Looked at FPA Crescent the past couple of days. I have massive respect for Romick. There have been moments in the last 30 years where he has put up index trouncing returns, but over the 30 years he is a bit behind, likely more than a bit due to taxable distributions.
It's a hard game. He was on wealthtrack this past month.
The point of this post and would love to see if ppl have thoughts on who actually beats the market over the long term. Very very few imo.
Having said that, at this point, all of my tax lots of Berkshire have recently taken the lead over the index, this may not be a permanent situation. Berkshire, still is as worthy as ever as a candidate to compound at 10% and beat the mkt.
