The document introduces a new type of investment fund called the Tarpon Folio, which is run by Islamorada Investment Management from the Florida Keys and combines aspects of mutual funds, hedge funds, and separate accounts. It seeks to provide Main Street investors with an alternative to traditional mutual funds that charges lower fees and more closely aligns the interests of investors and portfolio managers. The Tarpon Folio aims to take a long-term value investing approach by selecting a small number of stocks through extensive research and holding them for years.
22. Ten good Value funds
Clipper Fund Oak Value
FPA Capital Oakmark Select
First Eagle Global Tweedy Browne
American Value
Fairholme Fund Third Avenue Value Fund
Weitz Value Fund Longleaf Partners
34. …our fees are about half those
of the average mutual fund.
35. The Tarpon Folio has three levels of insurance…
up to $500K
- SIPC
ds of London up
- Lloy
to $9.5 million
up to $5.75M
- FDIC
5M for joint
(or $11.
accounts)