What Box?

Slide 1: Intelligent Investment Management
Slide 2: Equity Style Box
Slide 3: Equity Style Box with Cloud
Slide 4: Muhlenkamp Top Twenty Holdings Plotted On The Equity Style Box
Slide 5: How Companies Create Equity
Slide 6: Computing Return On Equity (ROE)
Slide 7: Equity, From The Vantage Point Of The Investor
Slide 8: Portfolio Returns
Slide 9: How Much To Pay?
Slide 10: Moriningstar Metrics Applied To The Muhlenkamp Fund
Slide 11: Ford Universe Of Stocks Price/Book Vs. ROE
Slide 12: Muhlenkamp Fund Top 20 Holdings Highlighted Against The Ford Universe
Slide 13: Questions And Responses
Slide 14: Glossary
Slide 15: Disclaimer