Bracing for a Worse Bear Market

Comstock Capital Value Fund's Charles Minter takes a top-down approach to investing -- and he's sure harder times are yet to come

The Comstock Capital Value/A (DRCVX ) isn't a typical mutual fund. Manager Charles Minter operates the portfolio much like a hedge fund -- he can own any kind of domestic or foreign security he thinks will prosper in a given economic and stock market environment. He also uses a variety of tactics to try to take advantage of bear markets for stocks, including selling shares short and owning put options.

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