Congrats to Steve Kiel of Arquitos Capital Management, who will be launching a Spoke Fund® called the Freedom Fund on May 1st. Score one for the good guys.
Arquitos is an independent fee-only value investing shop running a focused portfolio, based in Virginia outside of DC. Steve is an Iraq war veteran, a recovering lawyer, and an all-around great guy. And because the Freedom Fund is a Spoke Fund®, he’s got almost all of his family’s entire net worth in it, too.
And, for the record, the official scoreboard now reads like this:
Mutual Funds: 8,000
Spoke Funds: 4
You feelin’ us?