Guy spier has run the aquamarine fund for 17 years, achieving an impressive record of marketbeating returns. May 19, 2014 the column tells real life stories of near misses and of fatal and not so fatal flying accidents and mishaps. The column tells real life stories of near misses and of fatal and not so fatal flying accidents and mishaps. It supplies case studies, an investors checklist and investing principles. Nov 12, 2018 considered one of the greatest investors of our times, zurichbased fund manager guy spier is an example of the type of manager we would like to see more of in the asset management industry. The definitive book on value investing by benjamin graham is where it all started for me. If you continue to use this website without changing your cookie settings or you click accept below then you are consenting to this. Education of a value investor spier, guy 0884879948829. Guy was educated at oxford university, where he was a. Im a zurichbased investor and the author of the education of a value investor, which was published in 2014. Sorry for the delayed response this is not a book about deep valuation. Aug 16, 2009 guy spier of aquamarine capital is a noted value investor and speaker on investment management. So if you know of someone who you think would benefit from investing in aquamarine fund, please dont be shy.
Guy spier is manager of the aquamarine fund and author of the education of a. I first compiled this list when i was putting together the bibliography of my own book, the education of a value investor, but ive since expanded the list. The following message was written by guy spier of aquamarine capital, a horsehead holding shareholder, and im posting it with his permission if you are a shareholder of horsehead holdings, please read this carefully. Guy spier cappuccino and conversation with guy spier. Guy takes us on a journey of his life from his beginnings at business school, where he graduates and takes the first job that comes along, looking for the quick buck. Guy made headlines in june 2007, by bidding usd 650,100 with mohnish pabrai of the pabrai funds for a charity lunch with a person no less than warren buffett himself.
Written by guy spier who is the manager of the aquamarine fund, which is a hedge fund that he runs out of switzerland. Sep 22, 2014 spier is a member of ypo, eo, zurich minds and the latticework club. As you probably know, horsehead filed a bankruptcy petition at the beginning of february. Guy spier talk with matthew peterson is now the time to invest. Guy spier is a zurichbased investor and the author of the education of a value investor. Recognize that youre not buffett and that youre not rational. The portfolio is very concentrated with just positions. Guy runs the aquamarine fund, which is closely modeled on the buffett partnerships of the 50s.
Guys willingness to share his insights with fellow value investors reminds us of buffetts. It is inspirational because mr spier not only describes his pursuit to become a true value investor, but also his quest to become the best person that he can be. Investor, aquamarine fund, author guy spier born february 4, 1966 is a zurichbased investor and author of a book on investing entitled the education of a value investor. Guy spier born february 4, 1966 is a zurichbased investor and author of a book on investing. Spier is a member of ypo, eo, zurich minds and the latticework club. Articles and appearances aquamarine fund aquamarine fund. The heavy concentration in financials and auto manufacturers paid off as they both outperformed.
This book is an inspirational autobiography of guy spiers career and how he turned from an investment banker into a value investment professional managing his own fund, aquamarine capital. He is also an occasional financial commentator in the media. Guy spiers aquamarine capital portfolio increased 18. Aquamarine capital is an investment manager whose investment philosophy was inspired by the original 1950s buffett partnerships. Next up is guy spier of aquamarine fund who presented long posco. Guy spier is an investor based in zurich who ran the aquamarine fund for 17 years and became a leading figure in the value investors network. He manages his fund, aquamarine capital, from zurich, switzerland. Since 1997, he has managed aquamarines privately offered investment funds. I received the annual report for the aquamarine fund which was sent to me by guy spier who is the managing partner of the fund.
What i found very interesting about the report was a section which covered a set of principles which gives one great insights as to how the fund is managed as well as some of the principles learnt by guy spier who is a value investor and had lunch with. Aquamarine has offices in new york, london and zurich where mr. However, he has managed to deliver an enviable track record since founding the aquamarine fund in 1997. The portfolio is very concentrated with just 11 positions. Guy spier calls attention of horsehead holdings shareholders.
Guy spier is a zurichbased investor and the author of a book on investing. Guy spier q1 2016 guy seems to have put on the spending trousers and ran out buying everything he could find after the disaster with horsehead. This blog receives commissions from affiliate links on amazon and also occasionally receives complimentary books from publishers, some of which. Oct 05, 2010 guy spier is the manager of aquamarine fund, an investment partnership inspired by the original 1950s buffett partnerships with market beating returns. The cookie settings on this website are set to allow cookies to give you the best browsing experience possible. However, its more about the actual journey of guy spier s experience discovering the world of value investing, running his aquamarine fund and many lessons he has learned along the way. Since 1997 he has managed aquamarine fund, an investment partnership inspired by, and styled. Mar 14, 20 aquamarine fund annual letter to partners. Spier serves as the chair and founder of the weizmann science and business club. His work was inspired by warren buffet and mohnish pabrai, and hes now a regular commentator for the financial media. Guy spier on checklists, books and his investment process.
For those who dont know, guy spier is an investor born in 1966. A, ferrari nv race, american express axp, fiat chrysler auto fcau, and bank of america bac. The education of a value investor guy spier macmillan. Aquamarine capital is an investment manager whose investment philosophy was inspired by the original.
Five other books that deserve to be read and reread many times are seth klarmans margin of safety. Guy spier aquamarines investing principles build my. For example, he felt selfconscious being in the presence of buffett since spiers aquamarine fund was, at the time. Nov 19, 2014 guy spier has run aquamarine fund for the last 14 years. Guy spier the education of a value investor audiobook. Guy spiers aquamarine capital portfolio value increased 2. Guy digs a little deeper and really gives an intimate account it exam braindumps of his thought processes and internal monologue, which exposes a vulnerability rarely ever shared. Spier currently resides with his wife lory and their three. He earned his mba from harvard business school and has been a successful investor for the past 25. Since 1997, ive managed a privately offered investment fund known as the aquamarine fund. The story has an upbeat consummation in that guy spier now deals with the exceptionally effective aquamarine fund out of zurich, switzerland. Educated in economics at oxford university and harvardbusiness school, where.
The managing partner and principal of aquamarine capital is guy spier, who is an ardent disciple of warren buffett and closely follows buffetts principles on. Guy spier has run the aquamarine fund for the last 17 years. Since 1997 he has managed aquamarine fund, an investment partnership inspired by, and styled after the original 1950. The largest five positions are berkshire hathaway brk. The managing partner and principal of aquamarine capital is guy spier, who is an ardent disciple of warren buffett and closely follows buffetts principles on value investing and capital allocation the firm commenced operations. Riskaverse value investing strategies for the thoughtful investor.
Occupation investor, aquamarine fund, author guy spier born february 4, 1966 is a zurichbased investor and author of a book on investing entitled the education of a value investor. An interview with famed value investor guy spier the dough. What i found very interesting about the report was a section which covered a set of principles which gives one great insights as to how the fund is managed as well as some of the principles learnt by guy spier who is a value investor and had lunch with warren buffett. Guy spier is the manager of aquamarine fund, an investment partnership inspired by the original 1950s buffett partnerships with market beating returns. The education of a value investor by guy spier kirkus. Amazon and also occasionally receives complimentary books from. Mar 30, 2011 guy spier is 45 years old and for the last 14 years has been the manager of aquamarine fund, an investment partnership inspired by the original 1950s buffett partnerships with market beating returns. Guy spier has run aquamarine fund for the last 14 years. Aquamarine capital management is based out of boston. Guy spier favorite books guy spier might not be well known, but he is no doubt a great value investor. The art of value investing an interview with guy spier. Spier is a hedge fund manager aquamarine capital who has patterned his fund after warren. Each story contains a kernel of wisdom that makes the reader just that little bit wiser about flying.
I hope that he has corrected his checklist so that these kind of things will not happen with the new investments. Interview with guy spier value investor, author podcast. This interview is being published in conjunction with the manual of ideas, which is a great value investing site run by run by my colleague, john mihaljevic. Guy spiers value investing congress presentation the investment process. His methodical approach to investing and use of checklists was featured in atul gawandes the checklist manifesto. Guy spier is 45 years old and for the last 14 years has been the manager of aquamarine fund, an. An interview with famed value investor guy spier the. He earned his mba from harvard business school and has been a. In 2009, i moved from new york to zurich, switzerland, where i live with my wife lory and our three children, eva, isaac and sarah.
This is where the book differs from other value investing books. Guy spier is the founder and managing partner of aquamarine capital, an investment partnership styled after the original 1950s buffett partnerships. He did his mba at the harvard business school class of 1993 and has a first class degree in ppe politics, philosophy and economics from oxford university, where he studied at brasenose college. With my newfound experience of the lurking dangers of cycling, i went about looking for similar columns in cycling magazines and books. Guy spier of aquamarine capital is a noted value investor and speaker on investment management. Published in 2014, the education of a value investor recounts spiers journey as a value investor. At last, guy spier turned into his own rendition of warren buffett, a commendable good example for honesty, benevolence, and obviously achievement.
Spier manages the aquamarine fund, an investment partnership inspired by, and styled after warren buffetts 1950s investment partnerships. Since 1997, guy has been managing aquamarine fund, an investment partnership inspired by, and styled after the original buffett partnerships of the 1950s. Aquamarine fund founder spier, widely known for his shared victory in the 2007 auction of a lunch appointment with warren buffett, shows how the legendary investor from omaha became an example, guide and mentor in his own journey to master the secrets of value investing. Aquamarine fund founder spier, widely known for his sharedvictory in the 2007 auction of a lunch appointment with warren buffett, showshow the legendary investor from omaha became an example, guide and mentor inhis own journey to master the secrets of value investing.
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