Our quarterly Muhlenkamp Memorandums are written for investors who want to understand what we do and how we think.
MEMORANDUM 146 – April 2023
In their April 2023 Quarterly Letter, Jeff and Ron Muhlenkamp discuss inflation and the Fed’s efforts to fight it, the recent bank failures, and the odds of a U.S. recession. Memo 146 also includes excerpts from Jeff’s interview with Kate Welling titled “Hard-Won Market Insights – Muhlenkamp & Co’s Leader on Turning Market Scares into Profits.”
MEMORANDUM 145 – January 2023
In their Quarterly Letter, Jeff and Ron Muhlenkamp review what happened in 2022. Entering 2023, there are three questions on which they will focus. Tony Muhlenkamp provides examples which support one of Ron’s maxims in “View From the Front Office: Everybody Knows.”