Market Insights

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...

Meet the Team | 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 seriesMeet Kevin O’Brien, Portfolio Manager and Analyst at Prospector Partners. Mr. O'Brien has been a portfolio manager or securities...

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...

Balance Sheet Detectives - How We Analyze Bank Stocks

At Prospector, given our expertise in financial services companies, we believe we possess an edge in analyzing banks. Our long-term performance bears this out, especially in periods of distress like the Global Financial Crisis. So, what do we look for when analyzing bank stocks?

Balance Sheet Detectives - How We Analyze Insurance Companies

For balance sheet-oriented investors with expertise in the insurance industry, opportunities for alpha creation abound.

At Prospector, our three portfolio managers (as well as one analyst) each have over 20 years’ experience analyzing and working at insurance companies. This experience includes...