“Coming from a blue-collar family, I understand the value of a dollar and the importance of preserving capital.”
Where do we find value in the market?
We pursue unrecognized value, obscured by economic uncertainty or overshadowed by temporary, but solvable, problems.Ask Us
Vice President, Regional Sales
YEARS AT OLSTEIN
Mark Zichelli's retail background as a financial consultant provides a strong foundation for understanding shareholder needs and communicating the benefits of value investing.
Mark joined the Olstein team in 2001 to direct our third-party distribution and development efforts. Prior to this, he conducted third-party sales for Jundt Associates, a growth-oriented investment management firm offering mutual funds and alternative investments, and Societe Generale Asset Management, the highly-regarded value equity firm (now known as First Eagle SoGen). Mark began his career as a Financial Consultant for Shearson Lehman Brothers and, following its acquisition by Smith Barney, served as Regional Sales Manager for Smith Barney Asset Management.
Mark holds a B.S. in Economics from Fordham University, where he was a four-year letterman on the football team and a member of the Gridiron Club. When he is away from work, Mark coaches youth football and lacrosse.
Why do we focus on Free Cash Flow?
It's the lifeblood of a business. Here's how it affects a company's value.Ask Us
It is an investment analyst's job to determine the economic realism of management's assumptions and to eliminate management biases by making the appropriate adjustments to reported earnings data. READ MORE +
We read for "heat," looking for subtle phrases or trigger words that, in our experience, may signal a significant change in an industry or company that could unlock or create significant long-term value for shareholders. READ MORE +
A company that communicates effectively with shareholders and other equity market participants can increase the probability of successful turnaround. READ MORE +
LEGAL DISCLOSURES AND OTHER IMPORTANT INFORMATION
Investing involves risk including possible loss of principal. Investors should carefully consider the investment objectives, risks, charges and expenses of the Olstein Funds. This and other important information is contained in the prospectus, which should be read carefully before investing. For a copy, click the prospectus link below.
Fund holdings are subject to change at any time.
Please click herefor fund holdings for Olstein All Cap Value Fund. Please click here for fund holdings for Olstein Strategic Opportunities Fund.
Cash flow is the net amount of cash and cash-equivalents being transferred into and out of a business. At the most fundamental level, a company’s ability to create value for shareholders is determined by its ability to generate positive cash flows, or more specifically, maximize long-term free cash flow. Free cash flow represents the cash a company generates after accounting for cash outflows to support operations and maintain its capital assets. Unlike earnings or net income, free cash flow is a measure of profitability that excludes the non-cash expenses of the income statement and includes spending on equipment and assets as well as changes in working capital from the balance sheet.