‘Value-investing’ - I never liked the term ‘Value-investing’ because all investing should be driven based on value. However, in markets led by insanity, fear, ecstasy and greed, there needs to be a term which delineates the rational from the empiricists. Caldwell’s Fund will be the main— and currently only fund under Caldwell Equity. 

The fund is ran purely and solely by myself, Miles Caldwell, a student at Pasadena City College, where I stand as President of the Public Securities Research Club, and Vice President of the Mental Resilience Club. I read 10-Q’s, 10-K’s, and 13-F's in my free time— for fun. I have not picked a losing security in over 3 years, of the nine I have picked. I aim to continue to this trend through my obsession with securities.

The fund will focus strictly on American companies in public markets, companies that have both strong balance sheets and earnings statements, but most importantly— are good, simple businesses. In a world which is growing increasingly complex, things need to be simplified. A dollar made from a tech company, is the same as a dollar made by a steel company, and that is how I will treat my research— without the blind(ignorant) eye that so many attach to securities when doing their research, especially when getting overly excited(often times about something they don’t fully understand). Additionally, I will not be forward looking in the traditional sense— I believe a bird in the hand is worth two in the bush and I will prefer a company is making a dollar now, than potentially ten in the future, I want not to be a fortune teller, but to simply pick good, undervalued securities.