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Wed, 03 Sep 2008
Dorfman value fund
Dorfman: I’m thrilled about the mutual fund. We launched the fund, which is modestly called Dorfman Value Fund, on December 31, 2007. As of June 30, we were actually up fractionally for the year – which in a nasty year such as 2008 pleased me very much. As of this moment, through the close on August 28, we are down -3.8% while the Standard & Poor’s 500 Index is down -10.2%. For many years, I’ve dreamed about running a mutual fund. I have nothing against making rich people richer, but I’ve always wanted to have an investment product for the ordinary person. In addition, I’ve always liked the idea of competing in an open, fair public forum against other mutual fund managers, many of whom I respect. I love the idea that we are all judged quantitatively by the same rules, and that the results are public knowledge in newspapers and on the web. It appeals to my competitive instincts. The fund’s stock symbol is DORFX and people can download the prospectus and other information from our website or they can phone 1-888-6-DORFMAN. http://www.dorfmanvalue.com/index.h tml
Posted 06:14

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