David Diranko is a dedicated value investor with over eight years of experience in public equity markets. Specializing in small-cap value investing, he invests his entire liquid net worth in his small-cap value strategy alongside his investors.
Before transitioning to a professional investment career, David worked as a Data Scientist and Machine Learning Engineer at IBM, and as a Data Analyst for MEAG, the asset management arm of Munich RE. He holds a Master’s degree in Mathematics in Data Science from TU Munich and a Bachelor’s degree in Business Mathematics from LMU Munich.
About the Portfolio Manager
Our Investment Philosophy
We do not view investments as speculative trades in securities whose prices fluctuate daily. Instead, we approach every investment as a partial ownership interest in an underlying asset or business. Like any business owner, we focus on the economic value of the asset rather than short-term market movements.
Every asset has both a market price and an intrinsic value. While the market price is readily observable, intrinsic value reflects the present value of the cash flows and profits an asset can generate for its owners over its lifetime.
Our investment process is built on rigorous fundamental research aimed at identifying assets whose market prices materially underestimate their intrinsic value. By investing with a margin of safety and a long-term perspective, we seek to generate attractive risk-adjusted returns while minimizing the risk of permanent capital loss.
