First Pacific On WMDs

Rupert Hargreaves

Published onMay 2, 2017

Updated on May 14, 2021

First Pacific Advisors, LLC is a Los Angeles based investment manager with an emphasis on value, and the firm’s investment record is testament to its long term success. The FPA Crescent Fund has a return since inception (6 February 1993) of 10.4% per annum, compared to 9.31% for the S&P 500 you can hear him speak at the London Value Investor Conference which ValueWalk will be covering (more on that below).

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Unfortunately, while the Crescent Fund has an enviable long term record, recently the fund has struggled to match the market with a first quarter performance of 3.37% compared to a return of...

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Rupert Hargreaves

Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha

First Pacific On WMDs

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