Market Insights

Value Investing with a Private Market Value Approach, pt 1

As can be seen in the chart below, value investing has underperformed growth investing significantly over the past thirteen years. This has resulted in broad market benchmarks such as the S&P 500 and the Russell 1000 tilting further and further towards growth investing as a consequence of their...

Asset Allocation Considerations for Today’s Market

“I am a Tariff Man.” – President Donald J. Trump (December 4, 2018)

Current Market Environment

While the first quarter of 2019 ended with a sense of optimism that trade negotiations were going well with China, the second quarter was a roller coaster of renewed tensions with Beijing, plus new...

How Can Bottom-Up Investors Use Quantitative Tools for Idea Generation?

At Prospector, we are bottom-up, fundamental investors, but we leverage quantitative tools in a couple of ways.

At the front end of our investment process, we screen financial databases with specific criteria to help us identify interesting ideas upon which we can do more work. Free cash flow yield...

How Mentors like Jack Byrne Helped Shape Our Investment Process

Portfolio Managers John Gillespie, Kevin O’Brien and Jason Kish recently sat down and answered 11 questions regarding the team’s unique value-investing philosophy as well as lessons learned from past experiences. Here’s an important one regarding mentorship:

Meet the Team | Jason Kish CPA, CFA

We believe the best partnerships are built upon strong relationships between people. In order for you to get to know us better, we’ve created a “Meet the Team” blog series.

Meet Jason Kish, Portfolio Manager and Analyst at Prospector Partners. Mr. Kish has been with the firm since 1997, beginning...

Top 3 Blog Posts

We are officially halfway through 2019. As we wind down a little and enjoy the long hot lazy days of summer, maybe even take a few days off, it’s not a bad time to reflect on the year so far. 

In 2019, we launched this new blogging site. Our market insights have been well received and we appreciate...

How Do We Think About Risk? How Do We Attempt to Control Risk?

We frequently receive questions around how we think about risk, and how we attempt to control it. We view investment risk as the risk of a permanent loss. We view volatility as a symptom of risk, but not an actual risk.

Risk management is embedded directly into the Prospector’s investment process,...

What Does it Mean to Look at Value Investing from a Credit Perspective?

Portfolio Managers John Gillespie, Kevin O’Brien and Jason Kish recently sat down and answered a series of questions regarding the team’s unique value-investing philosophy as well as lessons learned from past experiences.

Q. Prospector is known for value investing, but with a differentiated...

Behind the Portfolio: Kevin O'Brien, CFA

We believe the best partnerships are built upon strong relationships between people. In order for you to get to know us better, we’ve created a “Meet the Team” blog series.Meet Kevin O’Brien, Portfolio Manager and Analyst at Prospector Partners. Mr. O'Brien has been a portfolio manager or...

Is It Important to Meet with Management Teams Before Investing?

Portfolio Managers John Gillespie, Kevin O’Brien and Jason Kish recently sat down and answered 11 questions regarding the team’s unique value-investing philosophy as well as lessons learned from past experiences. One of the questions we asked was, “What are some benefits of meeting with management...