“As a former auditor, I bring a different point of view to the evaluation of risks and opportunities.”
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
Tim S. Kang
Senior Vice President and Portfolio Manager
YEARS AT OLSTEIN
Tim Kang brings a broad vision and diverse experience to his work at Olstein Capital Management. He is an expert in accounting-driven analysis to determine a company's intrinsic value.
Tim Was promoted to the position of Portfolio Manager in 2022, following sixteen years as a senior member of the portfolio management team. Previously, Mr. Kang was promoted to the position of Senior Vice President and Senior Research Analyst in 2013. Mr. Kang has been quoted or featured in several business media outlets such as Barron's, The Wall Street Transcript, Bloomberg News, Bottom Line Personal, and GuruFocus Value Investing Live. Before joining Olstein, heheld the position of Vice President, Equity Research Analyst with Citigroup Asset Management covering Asia ex-Japan financial stocks (in Melbourne, Australia), and assisted in covering US bank stocks. Prior to that, he was an Assistant Vice President at PPM America, Inc., serving as a member of the high-yield bank loan team working on private bank loan transactions in all industry sectors. Tim has also served as a Senior Auditor at Arthur Andersen, L.L.P.
Tim earned an M.S. in Accountancy from DePaul University in Chicago, Illinois, and a B.S.Sp. with a concentration in Economics from Northwestern University in Evanston, Illinois.
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.