Romick: Waiting for Another Bite at the Apple
With little margin of safety available in today's market, the Gold-rated FPA Crescent manager is waiting for better opportunities.
Jeff Ptak: Hi, I'm Jeff Ptak, global director of manager research at Morningstar, coming to you from the 27th annual Morningstar Investment Conference, held here in Chicago, Illinois. I am very pleased to be joined today by Steve Romick, portfolio manager of Gold-rated FPA Crescent (FPACX).
Steve, thanks very much for joining us today.