The Frank Value Fund Institutional Class returned 6.22% in Q1 2023 compared to 7.50% for the S&P 500 TR Index and 1.32% for the Russell Midcap Value Index. Please see the end of this letter for more performance information. We are pleased the fund outperformed 95% of the mid-cap value Morningstar category in the first […]
Frank Value Fund Q1 2023 Letter to Shareholders Read More »
Consumers have had a tough experience in the post-pandemic world, and corporations have had to contend with similar struggles. Quick-serve restaurants (QSR) reside in the unfortunate nexus of every post-pandemic pain point. Supply chain constraints, food inflation, a weaker mass-market consumer spending base, and labor shortages all disproportionally affect the QSR industry. Margins have predictably
Quick-serve Restaurant Business Equipped to Fight Inflation and Recession Read More »
Legendary value investor David Einhorn declares value investing dead, but a new type of value rises from the ashes to outperform. Long-live Value In a recent interview on Bloomberg, successful value-investor David Einhorn detailed the wreckage of professional value investing. He stated, “there have been serious changes to the market structure,” and “most value investors
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Fourth Quarter 2022 The Frank Value Fund Institutional Class returned +4.43% in 2022 compared to a loss of -18.11% for the S&P 500 TR Index and -12.03% for the Russell Midcap Value Index. Please see the end of this letter for more performance information. 2022 By the Numbers The Frank Value Fund was the #1
Q4 22 Letter to Shareholders Read More »
Investors have endured a rough ride in 2022. Both fixed income and equity markets have suffered losses and participants are reeling. If and when the Federal Reserve ends its series of interest rate increases, will the pain end and the party-like atmosphere of 2021 return? We will present compelling evidence why the only pivot of
Golden Age of Value Read More »
The owner of Facebook, Instagram, and Whatsapp, Meta Platforms, has been in a spiraling downturn since October 2021. With the stock declining from a high of $375 to $98 in November 2022, is META a value stock now? If we look at current and forward profits, investors may be surprised. The numbers make it difficult
Is Meta a Value Stock? Read More »
Third Quarter 2022 The Frank Value Fund Institutional Class returned -8.30% YTD 2022 compared to a loss of -23.87% for the S&P 500 TR Index and -20.36% for the Russell Midcap Value Index. Please see the end of this letter to shareholders for more performance information. Boring Value – Exciting Returns Before addressing the ongoing
Equity Risk Premium – Q3 22 Letter to Shareholders Read More »
Value Investing During Inflation Chair Powell’s Resolve is Good for Value US stocks rallied in July and the first half of August, anticipating lower interest rates in 2023 from the Federal Reserve. The S&P 500 peaked around 4300 on August 16th, and then plummeted over 3% on August 26th when Federal Reserve Chair Jerome Powell
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Value Investing Explained A real-world example of value vs. growth The best way to explain value investing is with real securities. Theory is nice, but how does value work in practice? In this post we will show two companies, one a slow-growing “value” company, and the other a fast-growing technology stock. Why the value stock
Value Investing Explained Read More »
Frank Funds Youtube: Introduction to Renewable Diesel
Youtube – Intro to Renewable Diesel Read More »
