Richard pzena trades, portfolio, t he founder and cochief investment officer of pzena investment management, sold shares of the following stocks during the fourth quarter. Pzena is the founder and cocio of pzena investment management. Richard pzena of pzena investment management discusses oil prices investing in exploration and production companies in his fourth quarter 2014 commentary the markets. First and foremost, we wish that you and your colleagues, families and friends stay safe and healthy. The company is the sole managing member of pzena investment management, llc. View richard pzenas profile on linkedin, the worlds largest professional community. Newberg the journal of portfolio management jul 1981, 7 4 4852. Pzena investment management is a global investment management firm. Richard pzena added to the holdings in cognizant technology solutions corp by 403. Please reference the pzena investment management call.
This document was filed with the sec in html format, as allowed by the recent edgar system modernization. Pzena investment management, llc, the firms operating company, is a valueoriented investment management firm. Pzena investment management, llc operates as an investment management company. View todays stock price, news and analysis for pzena investment management inc. Richard pzena has just released his firms q3 2019 commentary, in which he discusses the similarities between todays extended bull market, and the period leading up to 1998, and what. He is the founder and chief investment officer of pzena investment management, a new yorkbased. Prior to forming pzena investment management in 1995, mr. Rich pzena net worth, bio, investments, quotes, articles. Richard pzena buys cognizant technology solutions, cigna. Eliminating a position is a straight, simple rule for us.
Pzena investment management inc pzn q3 2019 earnings. He is the founder, managing principal, chief executive officer, cochief investment officer and. It has grown dramatically, apparently thanks to its deepvalue investing strategy combined. A generalisation of slepians solution for the singular value decomposition o. The company offers portfolio management, financial planning, and investment advisory services. Pzena investment management is a valueoriented hedge fund that was launched back in 1996, by mr. Request pdf deep value investing and unexplained returns the strategy.
Pzena owns over 100 units of pzena investment management. Pzena investment management is a large advisory firm with 267 clients and discretionary assets under management aum of. Richard pzena continued from page 1 industry average. Barrons also provides information on historical stock ratings, target prices, company earnings. Since its founding in 1996, his pzena investment management has pursued a deepvalue, concentrated portfolio strategy that has. How the small investor can beat the market the journal.
Pzena investment management is based out of new york. Pzena investment management founder richard pzena trades, portfolio released his firstquarter portfolio last. Richard pzena ups stake in exxon, franklin resources nasdaq. Our team focuses on research that yields a deep understanding of the longterm prospects and intrinsic value of a company. Letter from rich pzena to our clients and friends pzena. Richard stanton pzena is chairmanceofounder at pzena investment mgmt inc. Richard pzena is founder and cocheif investment officer of pzena investment management. Pzena investment management pzn ok, so heres another nail that we can hammer down with our asset management company valuation model. Analyzing pzenas recent investment moves seeking alpha. How to be a successful value investor in disruptive times johnny hopkins february 14, 2018 richard pzena leave a comment in his latest shareholder letter, rich pzena at pzena. Richard pzena wiki 2020, height, age, net worth 2020, weight, family find facts and details about richard pzena on. Pzena is founder, managing principal, cochief investment officer, portfolio manager and member of the firms executive committee. An interview with richard pzena graham and doddsville. Richard pzena wiki, height, net worth, age, bio, facts.
Richard pzena investing philosophy pzenas philosophy is based on ranking companies from the cheapest to the most expensive on the basis of current share price to normal longterm. Pzena is the architect of the firms investment strategy and conceived and developed our proprietary screening model. Richard pzena graduated from the university of pennsylvania with a bs and an mba degree. As internet and telecom stocks went to the moon, slower growing businesses in any number of other sectors generated little, if any, enthusiasm. Richard pzena interviews joel greenblatt at benjamin graham. Xlv trading on average at 20 times earnings and five times book value while. Deep value investing and unexplained returns request pdf. Pzn q1 2019 results earnings conference call april 18, 2019 10. We consistently apply a classic, deep value approach to investing that requires a commitment to researchdriven stock selection. Earlier this week, i talked with richard pzena, one of the deans of the value camp. The heat didnt slow us down because team spirit was high and our. Richard pzena fund manager fact sheet pzena, abn amro. Our pzena investment management softball team celebrated our third win last week in central park. Pzena investment management is a firm focused on value investing, and was founded by richard s.
Richard chandler corporations principles of good corporate governance. Richard rich pzena born january 8, 1959 is an american investment manager. I mean one of the ill say the good things about sticking to a discipline and having the world know. In my opinion, the edge you can gain in largecaps is in the behavioral area based on what embedded expectations are in the current market. Pzena, senior portfolio manager pzena investment management supermajor energy companies provide opportunity amid turmoil despite the uncertainty of oil prices, theres an. Pzena, who started to come to australia from his new york headquarters about 10 years ago, is the founder, chairman and chief executive of pzena investment management, a. Richard pzena exits express scripts, reduces dover. Richard pzena archives stock screener the acquirers. He serves as coportfolio manager on each of the firms domestic investment strategies, and he is a member of the firms executive committee. It is a very big hedge fund, and a publicly traded one. The firm started managing assets on january 1, 1996 and since that time has. Johnny hopkins may 14, 2018 richard pzena leave a comment one of our favorite value investors here at the acquirers multiple is rich pzena. We have that ranking system, in large cap theres 500 stocks, and if it gets ranked 250 or below we have to sell it.
See the complete profile on linkedin and discover richards. Richard pzena, pzena investment management, weighs in on active vs. Asset management fees fall for the first time since 2008 get the timeless reading ebook in pdf. Richard pzena ceo pzena investment management linkedin. Pzena is founder, managing principal, cochief investment officer, portfolio manager and member of the firms executive. He serves as coportfolio manager on each of the firms domestic investment strategies, and he is a member of.