Articles by Alex
Activity
-
Happy Friday! 🥂 Check out the latest job list: 1. Investor Relations Officer, Hedge Fund - 0-4 years of working experience - Native English…
Happy Friday! 🥂 Check out the latest job list: 1. Investor Relations Officer, Hedge Fund - 0-4 years of working experience - Native English…
Liked by Alex Gavrish
-
Outsourcing the Chief Investment Officer Role in a Family Office: - Since the cost of building an in-house investment team is significant, families…
Outsourcing the Chief Investment Officer Role in a Family Office: - Since the cost of building an in-house investment team is significant, families…
Liked by Alex Gavrish
-
A panel of experts says the Fed should consider setting up an emergency program that would close out highly leveraged hedge-fund trades in the event…
A panel of experts says the Fed should consider setting up an emergency program that would close out highly leveraged hedge-fund trades in the event…
Liked by Alex Gavrish
Publications
-
Investing: From Science To Art
CreateSpace
The investment management industry is deeply entrenched in the reductionist thinking paradigm. But all the benefits of reductionism at the same time are its limitations. Models are only means and tools to accomplish objectives and create meaning. They contain certain aspects of truth but do not capture complex reality entirely. Markets and economy are dynamic social processes and the world’s most successful investors acknowledged that a purely scientific and rational approach is not enough to…
The investment management industry is deeply entrenched in the reductionist thinking paradigm. But all the benefits of reductionism at the same time are its limitations. Models are only means and tools to accomplish objectives and create meaning. They contain certain aspects of truth but do not capture complex reality entirely. Markets and economy are dynamic social processes and the world’s most successful investors acknowledged that a purely scientific and rational approach is not enough to succeed. Warren Buffett and Charlie Munger with the latticework of mental models, George Soros with the reflexivity paradox, quantitative investors with the technological attempts to capture the whole of market reality, and activist investors with dramatic stories and efforts to influence companies. Any solution “scientists” can propose will always be deficient. To succeed in markets we have no choice but to add a creative dimension to our work: address unfolding reality, embrace uncertainty, compose a story, revive emotions, achieve empathy and understanding of others, and paint the complete, whole picture.
-
Risk Investing
CreateSpace
This book aims to address the issue of risk in equity investments by trying to solve "the observer and the observed paradox". To achieve good results, investors should simultaneously play two roles: the player and the judge. They can do this by looking at investment situations where the solution to "the observer and the observed paradox" is integrated into an equity investment itself. For example, a sum-of-parts valuation thesis makes one less dependent on other market participants. Risk…
This book aims to address the issue of risk in equity investments by trying to solve "the observer and the observed paradox". To achieve good results, investors should simultaneously play two roles: the player and the judge. They can do this by looking at investment situations where the solution to "the observer and the observed paradox" is integrated into an equity investment itself. For example, a sum-of-parts valuation thesis makes one less dependent on other market participants. Risk Investing will give you a range of solutions for addressing the risk problem by looking at the level of an individual security or company itself, as opposed to top-down portfolio and risk limits.
-
Time Investing
CreateSpace
Investing takes place in time. But there is a surprising lack of focus on time. We deal with valuation, risk, establish price targets. But what about time and timing? Not everybody has a lifelong commitment to own the shares forever. Can you establish time and not only price targets? Is there a way to cross the conceptual chasm between market and the real value of a stock? Is there a way to extract value from time? Get paid on an ongoing basis for waiting? Improve our results by time management…
Investing takes place in time. But there is a surprising lack of focus on time. We deal with valuation, risk, establish price targets. But what about time and timing? Not everybody has a lifelong commitment to own the shares forever. Can you establish time and not only price targets? Is there a way to cross the conceptual chasm between market and the real value of a stock? Is there a way to extract value from time? Get paid on an ongoing basis for waiting? Improve our results by time management of the research process? Time Investing offers the reader a range of ideas for working with time dimension in investing.
-
Story Investing
CreateSpace
Investing is half science and half art. Everyone is focused on the science part. Research and analysis, data and information. Countless books have been written on valuation. But how you can implement the art part of this equation in practice? How can you deal with ever-present uncertainty? Be creative in the research and come up with great investment ideas? Story Investing provides a conceptual framework for dealing with the art part. With this book, you will appreciate the power of narrative…
Investing is half science and half art. Everyone is focused on the science part. Research and analysis, data and information. Countless books have been written on valuation. But how you can implement the art part of this equation in practice? How can you deal with ever-present uncertainty? Be creative in the research and come up with great investment ideas? Story Investing provides a conceptual framework for dealing with the art part. With this book, you will appreciate the power of narrative thinking, learn about techniques of great writers and storytellers, and apply these insights to investing.
-
Wall Street: Back To Basics
CreateSpace
This book will help you improve your investment decision making and will offer you a range of thinking approaches that you can implement to achieve your investment objectives. Includes such topics as special dividends, share buybacks, activist investors, time arbitrage and other useful concepts. Each chapter is supplemented with case studies of actual investment situations that illustrate the discussed concepts.
Other similar profiles
-
Justin Freedman
US Equity Salestrader at Wells Fargo
Connect -
Edouard Jarzaguet
Connect -
Shivang Sood
garden leave / non-compete
Connect -
Jay Hockey
Equity Trader at Schroders
Connect -
Nicolas Ziegelasch
Partner at Killik & Co
Connect -
Laurence Taylor
Connect -
Muzo Kayacan, CFA
Portfolio Manager & Head of Product Strategy EMEA - Systematic Active Equity at BlackRock
Connect -
Matthew Hall
Chief Financial Products Architect
Connect -
Christophe Braun
Equity Investment Director at Capital Group Luxembourg
Connect -
Jim Richards
Senior Industry Analyst at Fidelity International
Connect
Explore collaborative articles
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
Explore More