Before making a decision to invest, it is imperative to look for specific financial, competitive and structural characteristics that signal that the problems are temporary. READ MORE +
“As a value investor, you need to be grounded in your numbers and know the reason you own each business.”
Where do we find value in the market?
We pursue unrecognized value, obscured by economic uncertainty or overshadowed by temporary, but solvable, problems. Ask UsJohn D. Sullivan, Jr., CFA
Vice President and Portfolio Manager
19
YEARS AT
OLSTEIN
OLSTEIN
19
YEARS EXPERIENCE
John Sullivan thrives on identifying misunderstood, overlooked, or temporarily troubled companies selling significantly below their intrinsic value.
John joined Olstein Capital Management as a Research Analyst in 2005 after serving as a research intern the previous year. In 2022, John was promoted to the position of Portfolio Manager following seventeen years as a valued member of the portfolio management team. Previously, he was promoted to the position of Vice President in 2013. John has been actively involved in the firm's client servicing efforts providing portfolio updates in meetings with financial intermediaries, advisors and consultants.
As a CFA charterholder, John is a member of the CFA Institute and CFA Society New York. He holds a B.S. in Business Administration with a concentration in Finance and a minor in Economics from Fordham University.
Recent Insights
It is an investment analyst's job to determine the economic realism of management's assumptions and to eliminate management biases by making the appropriate adjustments to reported earnings data. READ MORE +
A careful reading of the letter not only focuses on what management chooses to emphasize but also what management chooses to omit or minimize. READ MORE +
Only traders and speculators should be concerned about short-term stock price movements measured in months, days, or hours. READ MORE +
Comparing depreciation schedules to economic reality is a must for any investor when analyzing financial statements. READ MORE +
As a result of this emphasis on avoiding short-term volatility, investors have become more focused on short-term price movements. READ MORE +
We read for "heat," looking for subtle phrases or trigger words that, in our experience, may signal a significant change in an industry or company that could unlock or create significant long-term value for shareholders. READ MORE +
A company that communicates effectively with shareholders and other equity market participants can increase the probability of successful turnaround. READ MORE +