ValueWorks
Jeff joined ValueWorks early 2011 to help build relationships with investment professionals. Jeff has roughly 20 years of financial markets experience, most of it spent building managed account programs, evaluating money managers and deepening relationships with investment advisors who use professional money managers.
Before partnering with ValueWorks, Jeff teamed up with a 40 year seasoned veteran from Third Avenue Value to build two managed money programs in the Southeast. One at National Bank of Commerce beginning in 1999 and the other at Sterne Agee & Leach beginning in 2007.
Jeff got his start in the investment management business in 1993 with then Dain Bosworth, now RBC Wealth Management, as an analyst in their managed money department performing manager searches, due diligence and manager comparisons. Over the course of seven years, Jeff wore many hats, including head of research and due diligence, and helping advisors convert their books from transaction based to fee based consulting practices.
Jeff received his bachelor’s degree in Economics and Statistics from the University of Minnesota. He resided in Thailand for two years doing volunteer work and is conversant in Thai.
ValueWorks
Our name means a lot to us. We believe that value investing works because controlling quality assets at a discount to what they are worth earns attractive returns over time. This principle is the core of each investment decision we make. Every security is a financial instrument that represents some type of claim against assets. It is the work of every value investor to understand what those assets are, what they are worth, and what price they are paying to control them when they buy a security. We are value investors because we have conviction in the underlying logic of the approach. We have also had the benefit of testing this discipline through some extraordinary – and extraordinarily different – market periods. Value investing is not always easy, and is not always in fashion. It is a straightforward proposition but it requires both a high level of expertise and steadfast discipline to use it adeptly in all sorts of economic and market climates. At ValueWorks we have deployed this approach through periods of huge investor enthusiasm and euphoria, through periods of financial crisis and panic, and even through some moments of calm and investor ennui. Through it all, we have stayed with this discipline, and draw the simple conclusion that is in our name.