{"id":16950,"date":"2010-07-29T06:06:19","date_gmt":"2010-07-29T10:06:19","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=16950"},"modified":"2010-07-29T06:06:19","modified_gmt":"2010-07-29T10:06:19","slug":"romick-holds-cash-like-klarman-in-top-performing-free-range-chicken-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2010\/romick-holds-cash-like-klarman-in-top-performing-free-range-chicken-fund.html","title":{"rendered":"Romick Holds Cash Like Klarman in Top-Performing `Free-Range Chicken&#8217; Fund"},"content":{"rendered":"<p>Bloomberg &#8211; Steven Romick says he aims to beat the market when stocks are falling and underperform by a smaller margin when they\u2019re rising.<\/p>\n<p>His $3.45 billion FPA Crescent Fund can buy  shares as well as bet against them, purchase investment-grade and junk bonds, and hold almost half of assets in cash, a strategy Romick has compared to a \u201cfree-range chicken.\u201d<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2010-07-29\/romick-holds-cash-like-klarman-in-top-performing-free-range-chicken-fund.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Steven Romick says he aims to beat the market when stocks are falling and underperform by a smaller margin when they\u2019re rising. His $3.45 billion FPA Crescent Fund can buy shares as well as bet against them, purchase [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-16950","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/16950","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=16950"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/16950\/revisions"}],"predecessor-version":[{"id":16951,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/16950\/revisions\/16951"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=16950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=16950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=16950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}