Desk of Dr. Perritt
Give Me Illiquidity
Click here for a review of events in the market and around the world by Perritt Capital Management Founder Dr. Gerald Perritt.
A Tale of Four Decades
Click here for a review of events in the market and around the world by Perritt Capital Management Founder Dr. Gerald Perritt.
The January Barometer
Click here for a review of events in the market and around the world by Perritt Capital Management Founder Dr. Gerald Perritt.
A Three Leg Stool
Click here for a review of events in the market and around the world by Perritt Capital Management Founder Dr. Gerald Perritt.
Follow The Leader
Click here for a review of events in the market and around the world by Perritt Capital Management Founder Dr. Gerald Perritt.
The Worst Decade
Click here for a review of the decade's events in the market and around the world by Perritt Capital Management Founder Dr. Gerald Perritt.
It Is Different This Time
Click here for a review of 3rd Quarter '09 events in the market and around the world by Perritt Capital Management Founder Dr. Gerald Perritt.
1970s Deja Vu
Click here for a review of 2nd Quarter '09 events in the market and around the world by Perritt Capital Management Founder Dr. Gerald Perritt.
What A Quarter
Click here for a review of events in the market and around the world by Perritt Capital Management Founder Dr. Gerald Perritt.
2008: A Year For The History Books
Click here for a review of events in the market and around the world by Perritt Capital Management Founder Dr. Gerald Perritt.
What In The World Is Going on Here?
Click here for an assessment of possible near-term economic activity by Perritt Capital Management Founder Dr. Gerald Perritt.
Bear Market Snapshot
Click here for a historical study of bear markets by Perritt Capital Management Founder Dr. Gerald Perritt.
From the Desk of Dr. Gerald Perritt
Founder and Portfolio Manager Dr. Gerald W. Perritt's commentaries also appear in our Annual and Semi-Annual reports to shareholders. Commentaries include remarks on the stock market as a whole, as well as the world of small cap investing.
Great Depression II? - October 31, 2008 Click here for PDF
Lessons From History - April 30, 2008 Click here for PDF
Who Needs MicroCaps? - January 15, 2008 Click here for PDF
Climbing the Wall of Worry - April 30, 2007 Click here for PDF
Bubbles Then and Now - October 31, 2006 Click here for PDF
The Legacy of Enron - April 30, 2006 Click here for PDF
Archives
The "Small Firm Effect," Alive and Well - October 31, 2005 Click here for PDF
MicroCap Benchmarks - October 31, 2004 Click here for PDF
Why We Value "Value" - April 30, 2004 Click here for PDF
A Few Bad Apples Have Not Spoiled the Barrel - October 31, 2003 Click here for PDF
Mutual fund investing involves risk. Principal loss is possible. The Funds invest in smaller companies, which involve additional risks such as limited liquidity and greater volatility. The Funds invest in micro cap companies which tend to perform poorly during times of economic stress. The Ultra MicroCap Fund may invest in early stage companies which tend to be more volatile and somewhat more speculative than investments in more established companies.
While the fund is no-load, management and other expenses still apply. Please refer to the prospectus for further details.
Opinions expressed are those of Dr. Perritt and are not intended to be a forecast of future events, a guarantee of future results, nor investment advice.
The Dow Jones Industrial Average is an unmanaged index of common stocks comprised of major industrial companies and assumes reinvestment of dividends. The NASDAQ Composite Index is a market capitalization-weighted index that is designed to represent the performance of the National Market System which includes over 5,000 stocks traded only over-the-counter and not on an exchange. The S&P 500 Index is a broad based unmanaged index of 500 stocks, which is widely recognized as representative of the equity market in general. The Nikkei is an index of 225 leading stocks traded on the Tokyo Stock Exchange. You cannot invest directly in an index.
Earnings per share (EPS) is calculated by taking the total earnings divided by the number of shares outstanding. Price to earnings (P/E) ratio is a common tool for comparing the prices of different common stocks and is calculated by dividing the current market price of a stock by the earnings per share.
