“Investing requires diligence. We take time to really understand each company.”
Why we don’t talk to company management.
We are not looking for short-term outlooks or positive spins. Here's what we look for...Ask Us
YEARS AT OLSTEIN
Rich Vitale manages our trading operations with a long-term mindset on value investments.
As Head Trader, Rich works closely with our portfolio management team to minimize risk and seek best execution of trades. His strong networking capabilities and collaborative spirit have played a pivotal role throughout his career. Richard previously served as Options and Equity Trader for OTA LLC, a leading trading and research firm exclusively serving institutional investors. Also at OTA, he was Trade Floor Assistant and Internal Financial Analyst, responsible for monitoring trading operation profitability. Prior to that, Richard served as a Financial/Budget Analyst at TRW.
Rich earned a B.A. in Accounting from Rutgers University. His licenses include: Series 7 (Stocks, Bonds), Series 55 (Trading), and Series 63 (State Laws).
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
The fund recently experienced significant negative short-term performance due to market volatility associated with the COVID-19 pandemic.
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.