Simons Chase | Simons Chase, investor, speaker, writer
Negative Network Effects | Negative Network Effects: definition and use cases
I am a specialist portfolio manager with a value philosophy bias. I employ two equity strategies, growth and income – or some blend of the two, to meet my clients’ financial goals and tolerance for risk. My best ideas often come from overlooked or misunderstood situations in public markets. I believe many of these ideas are created by the trend towards passive investing where buying and selling decisions fail to discriminate or where momentum trading forecloses any compounding potential in pursuit of short-
Individual security selection is a vital part of successful investing in the small- and mid-cap universe. My process is software light and people heavy with a significant weighting given to qualitative analysis developed through transparent, original research as a way to assess a company’s long-term prospects. For example, the advantages of screening stocks based on the calculation of simple backward-looking ratios such as price-to-book and price-to earnings have long been traded away as a source of success
On the risk side, I believe political risk in the USA has increased as total debt has inflated GDP growth beyond its actual productive capacity. As such, true political risk is not accounted for by traditional measures of risk and can be an unusual opportunity for high total returns.
Simons Chase | Simons Chase, investor, speaker, writer
Negative Network Effects | Negative Network Effects: definition and use cases