What was it like launching a value fund at the height of the tech bubble?
We did our first trade in November of 1999, which was fortunate because it was at the end of 1999. Since growth and value indexes have been kept, 1999 was the worst year for value versus growth stocks in history. So, I am glad we missed that period of underperformance. We started with around one million dollars under management in my basement, and right now we manage a little over $50 million, mostly for high net worth individuals. Our Separate Account Composite outperformed the S&P 500 in 9 out of 10 years, and has beaten the S&P 500 by 167.79 percentage points since inception. Of course, past performance doesn’t guarantee future results. We also have a mutual fund, Thunderstorm Value Fund, which launched on January 2, 2008, and beat the S&P both in 2008 and 2009. Can you clarify exactly how many products Thunderstorm Capital offers? Thunderstorm Capital offers three investment products. We run separate accounts for high net worth individuals. We also have a mutual fund, Thunderstorm
