Published: February 01, 2018
Warren Buffett has a history of uncovering value in unexpected places. A classic example of this is his investing in Korean markets, which began in ~2004, and continues today. He recounted his experience in a 2005 speech to Harvard students, “Citicorp
Published: January 24, 2018
Papa John's has recently been mired in controversy. When pressed on the firm's negative performance during a heated earnings call, founder and CEO (Papa) John Schnatter made incendiary remarks regarding recent NFL protests.
In effect, Schnatter blamed the NFL's decline in ratings for Papa Joh...
Published: January 24, 2018
The SumZero Top Stocks for 2018 PDF has arrived. This PDF contains 15 actionable research ideas from the SumZero community of over 15,000 buyside fund professionals. Selections were determined by a panel of over 40 senior fund professionals and asset allocators.
The Top St...
Published: January 22, 2018
SumZero’s Job Vault is now hosting over 100 investment professional roles of all seniority levels from 50+ major buyside funds.
What is SumZero’s Job Vault?
The Job Vault is a job listing platform that complements our research database. There are...
Published: January 08, 2018
In 2014, Michael Novogratz, then an executive at Fortress Investment Group, partnered with Ribbit Capital and Benchmark to raise a round of funding for Pantera Capital, a San Francisco based hedge fund. Pantera was run by a former classmate of Novogratz's from Princeton, Dan Morehead. Morehead ...
Published: December 18, 2017
We recently concluded SumZero's first dedicated Ex-US research contest. The focus was on companies with headquarters outside of the US or with 50%+ in derived revenue outside the US.
Nearly 90 ideas were submitted. Entries were independently evaluated by a panel of 30 global fund profession...
Published: December 13, 2017
In January 2017 SumZero published the winning investment ideas from the Top Stocks for 2017 investing contest. With the New Year approaching, we revisited the performanceWinners and Runners-Up. These 15 highly-rated ideas from SumZero were individually selected to appear in this report through a...
Published: November 30, 2017
This interview was also featured in part in Forbes
Johnny Steindorff launched Focus Investments in 2014, one of a handful of crypto funds in existence at the time. As such an early adopter, Focus faced significant headwinds launching and managing a fund based on an emergent asset cl...
Published: November 28, 2017
In this Part II of a two-part series, we identify systemic problems with the current institutions that fund venture capital (VC) groups and propose how to change this archaic system. This builds off of Part I where we discussed the gender disparities in venture ...
Published: November 17, 2017
John Huber, the Managing Member and Portfolio Manager of Saber Capital Management, is at the forefront of a new generation of value investors compounding their way through the bull market. Huber has been running Saber for just over 5 years, and has amassed investment and a significant following...
Published: November 08, 2017
Many people think value investing and technology investing are mutually exclusive. As the most visible technology stocks sport high multiples, some investors assume that is the case for the entire sector, while value investing is linked to more mundane industries like manufacturing and financials...
Published: November 06, 2017
We are pleased to announce SumZero's first dedicated Ex-US research contest. Starting November 17th, we challenge all eligible SumZero buyside members to submit their best Ex-US ideas across all major sectors, regions, and market caps.
Categories:
•Americas (Ex-US)
•Europe/M...
Published: October 26, 2017
In this Part I of a two-part series, we list two fundamental problems with the current Venture Capital industry, why it’s in our economy’s best interest to solve them and what a great investment opportunity it creates. We propose what we believe will start to ch...
Published: October 23, 2017
Walmart's stock has risen over 25% in the last 6 months. This has been hugely surprising to analysts, with the company surging past most sell-side estimates. The retail giant has recently been facing several well-publicized headwinds, which seem to be having to bearing on its stock price. The...
Published: October 06, 2017
The finances of school districts nationwide were devastated by the financial crisis. Local funding for schools, generally based on residential property taxes, collapsed commensurately with property values. Hundreds of schools were shut down, and tens of thousands of teachers were laid off. Th...
Investor sentiment towards the hedge fund industry has been overwhelmingly negative since the financial crisis. Chronic underperformance, the rise of passive and quant strategies, and mounting pressure on fees have dogged the the sector, leading the most optimistic analysts to claim that a...
Published: September 09, 2017
Palo Alto Networks Inc. (PANW:US) has had an exciting week, leaping over 10% due to an positive earnings call. This jump would be significant for any stock, but is particularly noteworthy in the notoriously cutthroat sector of enterprise and network security. Given this, we decided to take a de...
PetMed Express (PETS:US), an online pet pharmacy, had a tumultuous past week, dropping as much as 15% intraday Thursday under heavy volume from its peak. This volatility is the result of allegations published in a bombshell report by research firm Aurelius Value. ...
Published: August 22, 2017
Published: August 21, 2017
SumZero’s Job Vault is now hosting over 100 investment professional roles of all seniority levels from 50+ major buyside funds.
What is SumZero’s Job Vault?
The Job Vault is a job listing platform that complements our research database. There are...
Published: August 09, 2017
SumZero announces the second running of the Gardening Leave Challenge, a large, multi-firm research initiative to get members on the sidelines directly in front of funds looking for new talent.
In partnership with FactSet and over 35 respected global funds, this research chal...
Published: July 31, 2017
SiriusXM is crushing it. After last week's earnings report, the stock shot up over 8% to an all time high. While many analysts and stock pickers love SIRI for its strong management, wide moats, and continuing growth, Drew Estes, a portfolio manager at Banyan Capital Management, says investors oft...
Published: August 07, 2017
China began importing US beef for the first time in almost 14 years on July 16. The catch? The beef has to be source verified i.e. traceable to the farm where it was raised. Enter Where Food Comes From (OTCMKTS: WFCF) which specializes in auditing and verifying beef, poultry and other meats for s...
Published: July 21, 2017
Netflix is hot, though admittedly the stock has been one of the most discussed names on the market for almost a decade now. This Monday's earnings report proved hot even for Netflix, as the stock jumped over 10% in after hours trading after the company announced it had beaten user growth by wide ...
Published: July 14, 2017
SumZero’s Job Vault is now hosting over 100 investment professional roles of all seniority levels from 50+ major buyside funds.
What is SumZero’s Job Vault?
The Job Vault is a job listing platform that complements our research database. There are...
Published: July 11, 2017
Published: July 07, 2017
It's been a tumultuous week for Rite Aid amidst a high profile merger attempt with Walgreens and investigation by the Federal Trade Commission. Investor Brandon Paulson shared a long idea on Rite Aid a few months ago on SumZero, a...
Published: June 26, 2017
South Korea is cheap. Despite being one of the wealthiest countries in the world (11th in 2015 GDP, 30th in PPP GDP per capita) and housing some of the world's most successful companies in Samsung, Hyundai, and LG, members of the KOSPI index trade at an average P/E of only 9.7. T...
Published: May 23, 2017
Jackpotjoy plc. (formerly called Intertain) is a Canadian online gaming company that focuses primarily on online bingo. Despite some negative outlook on the company recently, Intertain recently relisted on the LSE and is the dominant player in the UK o...
As the world's largest network of investment professionals, we've got a lot of data about analysts, portfolio managers, principals, and CIOs at hedge funds, mutual funds, and other buyside shops. One optional question that SumZero members can fill out on their membership profiles is what their f...
Published: April 25, 2016
Michael Zapata is no stranger to managing risk. Through his time in the Navy, Michael served as a Navy SEAL officer and deployed multiple times during the Global War on Terrorism. Following his last command at the Naval Special Warfare Development Group, Michael transitioned out of the mili...
Published: April 20, 2017
van Biema Value Partners, an investment adviser specializing in identifying, vetting, and investing in small, value-oriented hedge funds, and legend Chuck Royce are pleased to announce the Finalists in the recently completed van Biema Value Partners Small-Cap...
Published: April 11, 2017
Unlike the vast majority of professional sports teams, the Atlanta Braves are not owned by a wealthy investor. The MLB team is owned by the Liberty Braves Group (NASDAQ:BATRK), a subsidiary of Liberty Media Corporation. As BATRK is a tracker stock, meaning the secur...
Published: March 23, 2017
Poor investor communication can cause prices to stay low even when good things are happening, and this could be the case for Redknee Solutions (TSE:RKN), a Canadian software company that serves many of the world’s major telecom companies.
Redknee has suffered from a series of unsuccessful acqu...
Published: March 14, 2017
Signet Jewelers (NYSE: SIG) is the world’s largest retailer of diamond jewelry, currently operating Jared, Zales, and Kay Jewelers. While many of these stores have seen double digit profit growth in the past few years, they are increasingly promoting in-house financing to drive sales. Currently 7...
Published: February 13, 2017
It is pretty rare to drive somewhere and not spot at least one of Amerco’s (NASDAQ:UHAL) U-Haul trucks on the road. Stephen Saroki, an experienced analyst who is launching a long/short equity fund Anaxi Capital, believes the company’s competitive advantage coupled with its lack of coverage on the...
Published: February 27, 2017
The theater industry has been threatened by at-home streaming services like Netflix and Amazon. Because of this competition, the market has moved its interest away from the industry’s biggest players. However, Donald Marchiony believes the time is now to invest in ...
Published: January 24, 2017
Bonus season is here, and SumZero has produced a comprehensive analysis of salary trends in the fund industry.
SumZero maintains an internal, user driven compensation database. This database, which launched in 2012, now hosts over 4,500 unique compensation entries. The feature was designed t...
Published: January 18, 2017
The SumZero Top Stocks for 2017 report is here. This research document contains 15 highly-rated ideas from SumZero individually selected to appear in this report through a meritocratic process, as well as a timely introduction courtesy of award-winning journalist and inv...
Published: January 12, 2016
Vladimir Yuzhakov established Shanghai-based Long Jing Capital in 2012, after graduating from Columbia Business School. Although a Forbes Russia columnist himself, he follows a “no mass-media, no sell-side” investment policy. Instead, Long Jing Capital sources data by directly and independently v...
Published: January 03, 2016
After two very costly and very public investment mistakes in Valeant and Herbalife, Bill Ackman’s Pershing Square Capital Management has seen its share price decline by nearly 50% since the summer of 2015. Karol Hochschorner of Twin Capital believes it is a perfect time to take a chance on Pershi...
Published: December 19, 2016
Jen Ganzi has a knack for spotting key investment opportunities. As the recent winner of SumZero’s Corporate Credit/Preferred Stock Challenge, Jen has worked at firms of all sizes and has built an eye-popping resume. We sat down with Ms. Ganzi to tal...
Published: December 06, 2016
Aerojet Rocketdyne Holdings (AJRD:US) is a little-known company heavily involved in the rocket industry. Eric DeLamarter, portfolio manager at Half Moon Capital, believes AJRD is a hidden gem offering large upside with relatively little risk. Poor investor relations have scared the public away, b...
Published: November 17, 2016
Earlier this week, Dale Wettlaufer, Founder/PM of Buffalo, NY-based Charlotte Lane Capital, published a 12-page thesis recommending shares of hospital giant HCA Holdings (HCA:US) on SumZero.
The heavily-researched thesis on HCA goes in...
Published: November 10, 2016
Whole Foods Market (WFM:US) has generated a loyal group of health-conscious customers over the years who are willing to spend a little or a lot extra for their groceries. According to Ed Devitt, the shareholders of WFM have been loyal as well, a little or a lot too much. The stock trades at a ...
Published: October 23, 2016
After the 2013 documentary Blackfish revealed many troubling animal rights issues with SeaWorld’s iconic Orca Show, SeaWorld stock (SEAS:US) has tanked. Residual consumer distaste for the brand has remained strong...overly strong according to Marina Sitsiuhina, a former analyst at GE Cap...
Published: September 20, 2016
We are excited to announce a new research contest focused on the fixed income space. In partnership with the Sohn Foundation, SumZero will be launching a dedicated research challenge just for those with actionable ideas in credit. Prizes include tickets to the Sohn Investment Conferences in Londo...
Published: September 06, 2016
Dan Chen has been a professional investor for almost 20 years, and a disciple of Warren Buffett even longer. In his search for permanent value in great companies, nothing catches Chen's eye like Visa (V:US), the world's largest electronic funds transfer company. Though Visa is massive (nearly 200...
Published: August 25, 2016
Time is almost up to enter SumZero’s jobs contest for a chance to win interviews for investment roles at top funds.
In light of this, we sat down with contest judge and in...
Published: July 28, 2016
Though it’s been seven years since the end of the Great Recession, much of the world still suffers from the crisis’s legacy of languid economic growth. Past efforts to spur national economies have fallen short of expectations, and many central banks have recently turned to speculative measures in...