Mark Sellers - Sellers Capital Fund
Mark Sellers started the Sellers Capital Fund on August 1, 2003 with $70,000 in capital and two investors. Today, Sellers Capital manages approximately $220 million for 125 investors throughout the U.S., Canada, and Europe. The fund has returned in excess of 40% annually, before incentive fees, since inception. Prior to establishing the Sellers Capital Fund in 2003, Mr. Sellers was the Lead Equities Strategist for Morningstar and was the primary force behind the development of Morningstar's "moat" approach to evaluating investment opportunities. He holds a B.A. in Accounting from Michigan State and an MBA in Accounting & Finance from Northwestern’s Kellogg School of Management.back
Articles
Sellers Capital Up 65% YTD
FINalternatives.com – 07.11.08
Sellers Capital’s $230 million flagship hedge fund is up an eye-popping 65.3% in the first half on natural gas and oil bets. The Chicago-based firm netted a 27.3% return in the second quarter on the strength of its investment in Contango Oil and Gas, a Houston-based independent natural gas and oil company.
Take financial talking-heads with a grain of salt
FT.com – 04.05.08
Everyone acts in his or her self-interest. This is a key facet of humanity, and keeps our society moving forward. Think about that the next time you make an investment decision. As an investor, it is in your interest for your portfolio to do as well as possible with the least risk possible.
Take advantage when good companies come to market
FT.com – 02.23.08
When Google completed its initial public offering in August 2004, the stock seemed overpriced. Even after reducing its IPO price from $108 to $85, the company’s trailing price/earnings ratio was well over 200. Journalists, analysts and market pundits exclaimed that Google was the most overpriced IPO in years, and warned investors to avoid it.
Bearish signals could be good news for stocks
FT.com – 01.26.08
They say you make your money in a bear market, you just don’t know it at the time. If that’s true – and I believe it is – then the current market turmoil is pretty important to investors. We’re getting a chance here to do something smart while others are panicking. The problem is, two of my preferred indicators for guessing the direction of the market are giving opposing signals right now.
I Like Big Moats and I Cannot Lie
Fool.com – 01.15.08
Do you know the most important thing Warren Buffett looks for when evaluating a company? It's not a debt-free balance sheet, a history of strong free cash flow generation, or a strong corporate culture. It's not even an undervalued stock price -- although that is certainly a hallmark of most Buffett buys.
In Investing, Size Matters
Fool.com – 01.11.08
No matter what any investor tells you, it's exceedingly difficult to beat the market over long periods of time. For any investor aiming to top the index, it would seem logical not to mimic that index. And since the index is a diversified portfolio of stocks, its polar opposite would seem to be a small, concentrated basket of investments.