I never had more than a very small % of my portfolio in FPA, and you have to be very careful following your losses down.
I prefer to think my recent purchases have been an attempt to bottom pick, but even and only then with preparedness to buy much more even cheaper in the event of a deeply discounted rts issue. I stood aside from buying more during the slide of the past year. Timing is a gamble atm for sure.
If resources (my main focus) were not recooperating well, then I doubt I'd be game. It's certainly not a situation to bet your life savings on imo, but just one that might offer extraordinary games and imho probably has pretty limited downside left.
I must also say I intend doing further research and evaluation before going in much deeper.
EL
FPA Price at posting:
22.1¢ Sentiment: LT Buy Disclosure: Held