ValueSearch Capital Management, L.L.C. Launches New Website; Allows Study of Investment Framework

ValueSearch Capital Management, L.L.C. launches new Website; allows study of investment framework.

Swampscott, MA (PRWEB) March 30, 2006

ValueSearch Capital Management, L.L.C. (“VCM”) based here, has launched a new website, announced Michael I. Schwartzman, President, Founder and Managing Partner. The website is http://www.valuesearchfunds.com.

Mr. Schwartzman said, “We are up-front with visitors on this website, and disclose our past returns and investment decisions, including our mistakes. The website allows study of our investment framework, our legal framework, and the principles that govern our relationship with our limited partners. I have a substantial investment in the partnerships run by VCM; my net worth depends on the returns of these partnerships.”

He continued, “We want viewers to use the same approach in choosing an investment manager that we use when choosing the companies in which we invest. We observe them for a long time, we study their past results, and we try to understand their relationship with their shareholders. Most importantly, we get to know their management -- we invest only in companies which are run by excellent and trustworthy managers.”

About VCM

VCM manages its partnerships with a long-term perspective on investing. The investments are made in common stock of publicly traded companies with the expectation of holding them for several years or longer. Its goal is to achieve a return superior to that of the market while paying utmost attention to the preservation of capital.

Its Investment Framework is based on the premise that outstanding long-term results can be achieved by investing in a small number of extremely well run companies, while timing these investments so that they are long-term by nature. It is further based on a premise that when investors are buying and selling their positions in a company there is the ever present judgmental mistake of the majority of investors to equate an excellent company with an excellent investment. It exploits this systematic judgmental error.

The underlying premise of its entire approach is that the stock market is unavoidably inefficient. This inefficiency is at the very core of the market, and an astute and disciplined investor can rely on this inefficiency.

ValueSearch Capital Management, L.L.C. is a Swampscott, MA based registered investment advisor. VCM manages two partnerships: ValueSearch Equity Partners (VEP) and ValueSearch Equity Partners II (VEP II). The principal difference between the two is in the use of leverage: VEP is leveraged and VEP II is not. These partnerships invest for the long term in a small number of exceptionally well-run public companies, and its partners find it easy to understand VCM’s well thought-out and intuitively clear investment framework. This framework was developed by VCM, and it has been used successfully for almost 20 years.

For more information, see http://www.valuesearchfunds.com or call 781-599-8839.

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