The Market Realist team is composed of talented investment professionals and financial media executives who deeply believe in democratizing access to investment research. Each Market Realist analyst has several years of professional research experience, either at a Wall Street bank or a hedge fund. Some of the firms our analysts have worked for in the past include HSBC, Merrill Lynch, Susquehanna, and Brookside Private Equity. Top senior analysts at Market Realist include:
Marc Wiersum, MBA — Marc has 18 years of investment research experience. He has worked at a range of investment firms including HSBC, Bank of America, Mizuho Securities and JP Morgan in roles ranging from Equity Analyst to Vice President. Marc has particularly strong experience covering East Asian equities, living for 5 years in Japan. He graduated in 1995 with an MBA from the University of Chicago.
Jonathan Casteleyn, CFA — Jonathan Casteleyn, CFA, is a seasoned equity research analyst with over ten years of research experience. He was formerly the senior analyst at Susquehanna, covering asset management firms, investment banks, and stock exchange. Jonathan was also the former vice president of equity research at Wachovia, where he spent seven years.
Ingrid Pan, CFA — Ingrid has four years of experience as a senior analyst at Bank of America Merrill Lynch, focused on covering the energy sector for the majority of her career. She also worked in a trading role at Five Rings Capital and in equity research at Goldman Sachs. Ingrid graduated with a 3.7 GPA from NYU and recently passed her CFA exams, awaiting the designation.
Brent Nyitray, CFA, MBA — Brent Nyitray, CFA, has over 17 years of experience in the investment industry. He ran the European Risk Arbitrage trading desk at Bear Stearns in London and also has experience as a senior analyst at several hedge funds, including Elliott Management. Brent has an MBA in finance from the Simon School of Business at the University of Rochester.
Martin Kurlandski — Martin has 14 years of experience in the investment industry. He has broad based experience in the hedge fund industry across several investment styles including, long-short equity, distressed debt, deep value, private equity, short-biased and macro. Martin has a Master’s of Finance from The International Business School at Brandeis University.
Xun Yao Chen — Xun is an analyst based out of Market Realist’s NYC office and was formerly an investment analyst for four years. Previously Xun worked at Puji Capital, a merchant bank and private equity firm based in Shanghai. He was also formerly a business consultant for Mic.co in his native Japan. Xun graduated summa cum laude from Boston University, with dual degrees in Economics and Accounting.
Market Realist is a new investment website that provides original research on stocks and ETFs (exchange-traded funds) written exclusively by investment professionals for conservative individuals. We are the first major financial media website to publish professional investment research on the Internet for free. Some features of our analysis include:
- Focused solely on key drivers of long-term value. Analysts at Market Realist write to help identify the long-term trajectory of public investments. We focus on the top factors affecting industry returns. Our research is not a good fit for investors interested in generating quick investment gains or short-term trading. Market Realist investors look much farther ahead than next quarter’s earnings when forming their investments theses.
- Original analysis based on primary data. Each Market Realist article includes discussion and explanation of relevant primary data affecting the valuations of public investments. The foundation of our analysis is not based on secondary sources such as news and opinions found on other investment websites. The foundation of our analysis is always original research and analysis of key primary data, which is often not otherwise available to retail investors.
- Heavy emphasis on passive investing. Research has shown that passive investing, such as with ETFs, outperforms active investing. For example, the average total return since January 2005 for U.S. actively managed mutual funds was only 2.47% (after fees and dividends). During the same period, the total return of simply investing in the market through the S&P 500 ETF was 40.59%. By focusing on passive investing and conservative asset allocation, we believe investors are likely to do better than they would with traditional mutual fund investments.
In addition, our firm does not maintain any investments in the stock market, and all of our analysts adhere to a strict trading policy, which prevents them from covering any investment that they have invested in during the past 90 days. This approach allows us to publish unbiased investment research.