Blog Update

Hi Everyone,

A quick update on the Blog. I recently (back in June) accepted a new position doing equity research at an asset management firm in Houston. To maintain good standing with compliance, I will no longer be posting investment ideas here.

However, my new team and I are planning on writing about some of our ideas going forward over at Feel free to check it out in a few months and see what we are coming up with. As always, thanks for reading.

David Shahrestani

P.S. I passed CFA Level III!


My Investment Strategy

The Story

My investment philosophy is to earn a good absolute return, regardless of how the market is performing, while managing downside risk. This philosophy is implemented through the following:

Continue reading “My Investment Strategy”

The beginning

“Spend each day trying to be a little wiser than you were when you woke up. Discharge your duties faithfully and well. Step by step you get ahead, but not necessarily in fast spurts. But you build discipline by preparing for fast spurts. Slug it out one inch at a time, day by day. At the end of the day – if you live long enough – most people get what they deserve.” – Charlie Munger

“Each day acquire something that will fortify you against poverty, against death, indeed against other misfortunes as well; and after you have run over many thoughts, select one to be thoroughly digested that day.” -Seneca

Follow along on my daily journey to become wiser. The road taken will focus on security analysis but there will also be detours into the worlds of math, programming, human nature, physics, nature, history, and economics.

My goal is to realize my potential and help others do the same. Hope you enjoy.