Michael Shedlock
Since 2005, Michael “Mish” Shedlock has managed Sitka Pacific Capital which has provided investors with an alternative to the passive management of mutual funds, the limited asset allocation models used by most financial advisors, and the high fees of Hedge Funds. Sitka Pacific Capital Management specializes in absolute return investment strategies that pay special attention to risk and risk management. By applying his understanding of debt induced deflation, under Michael’s management Sitka Pacific Capital enjoyed an 11.3% annual return while the S&P 500 has lost 11.2%. Those returns have also been achieved with far less volatility (risk) than the S&P 500. The fund invests in domestic stocks, foreign stocks, commodities and yield orientated funds and trusts. It invests in individual stocks as well as exchange traded funds. Foreign stock investments are usually through funds but SDR’s are also used. Some hedging strategies are also used to reduce risk.