Michael Aronstein, Portfolio Manager of the Morningstar 5-star rated Marketfield Fund, discusses his investing process and current themes with Wall Street Week’s Al Berkeley. Mr. Aronstein says the fund’s ability to take both long and short positions can dampen volatility and allow investors to be more patient. In this segment, he explains why he’s focused on the improving competitiveness of U.S. manufacturers.
In Part Two of the video (below) Mr. Aronstein discusses additional themes and the types of companies that could benefit, and he explains some of the factors present when markets bottom and hit peaks.