Want to track the performance of this manager?
Click the button below to sign up to receive monthly performance updates by email.Track Manager
Want more information on investing with this manager?
If you are interested in investing in one of Dan Wieman's funds. Click the link below to get started.Invest Today
Sometimes, the market doesn't offer compelling prices. In these instances, it is best to be patient and identify more great companies. To be sure, There are several ways that the market can misprice a company. The most obvious is a bear market when all companies go on sale. The market can also fail to appreciate the long-term potential of a company or discount a company's ability to attain consistent growth. Specific industry- or company-specific events may also bring a company below its long-term value. For example, Netflix's stock plunged 77 percent in a matter of months when they announced plans to spin off part of the company as Kwikster. Investors who got in on that plunge are reaping incredible rewards today.
Many companies were significantly discounted during the financial crisis. It wasn't difficult to find great companies trading at single-digit multiples to their earnings in March 2009. Investors were bailing on the entire market at a time when it was most advantageous to pile in. These events are rare, but having cash available during such a crisis produces incredible long-term returns.
Industry-specific or company-specific events often push prices below their long-term value. The market tends to be short-sighted, selling off strong companies for missing earnings by pennies per share or for projecting that the next quarter may not be as expected. Like Warren Buffet, I view these sell offs as an opportunity.
|(DWVMF) Capital Value Fund|
|MODEL INCEPTION (12/22/2000)||AVG. ANNUAL RETURN||S&P TOTAL RETURN||Actions|
|17+ YRS (As of: 12/11/2018)||6.62%||5.99%||View Fund Stats|
|RETURN PERIOD (As Of: 11/30/2018)||AVG. ANNUAL RETURN||S&P TOTAL RETURN||ACHIEVEMENTS|
|Show Fund Strategy|
|Click Here to View More Information About This Fund.|
|Large Cap : Growth||49.17%||-1.77%|
|Large Cap : Blend||19.01%||0.39%|
|Unclassified Market Cap : Unclassified Style||15.85%||0.26%|
|Mid Cap : Growth||12.32%||0.24%|
|Mid Cap : Blend||3.64%||2.22%|
The information below pertains to model data only.
|Fund Manager:||Total Model Net Assets:|
|Inception:||Ticker Symbol:||# of Securities:|
|December 22, 2000||DWVMF||20|
The Capital Value Fund may invest in any security traded on U.S. stock exchanges. This includes ADRs and ETFs. The fund is not limited to particular sectors or market capitalizations.
|Last 3 Months||2.89%|
|Last 6 Months||4.1%|
|Last 12 Months||6.69%|
|Period||Returns||S&P 500 Returns||Returns VS S&P 500|
|Last 3 Months||-5.91%||-8.52%||2.61%|
|Last 2 Years||30.43%||21.07%||9.36%|
|Last 3 Years||20.52%||38.93%||-18.41%|
|Last 5 Years||30.09%||64.11%||-34.02%|
|Last 10 Years||258.26%||269.58%||-11.32%|