Andrew Shapiro is Founder, President and Portfolio Manager of Lawndale Capital Management, an investment advisor that has managed activist hedge funds focused on small- and micro-cap companies for over 23 years, one of the longest periods of experience deploying an activist/relational investment strategy today. Mr. Shapiro’s proactive ownership approach has been effective in directly creating and unlocking shareholder value in Lawndale’s portfolio companies and has contributed to Lawndale’s activist funds often being ranked among the top event-driven and small-cap value funds in peer databases for long-term performance. In addition to leading Lawndale, Mr. Shapiro has also served as a Director or Observer on portfolio company boards and debt and equity bankruptcy committees. Mr. Shapiro is a member of the National Association of Corporate Directors (NACD) and, via Lawndale, has been a long-time Sustaining Member of the Council of Institutional Investors (CII).Mr. Shapiro has more than two decades of portfolio management and analytically varied experience from a number of "buy-side" positions, employing a rare combination of credit, legal and equity analytic and workout skills. Prior to founding the Lawndale organization in 1992, Mr. Shapiro managed the workout and restructuring of large portfolios of high-yield bonds, distressed equities and risk arbitrage securities for the Belzberg family's entity, First City Capital. Before joining First City, Mr. Shapiro was involved in numerous highly leveraged corporate acquisition and recapitalization transactions for both Manufacturers Hanover Trust and the Spectrum Group, a private equity firm. Mr. Shapiro received his JD degree from the UCLA School of Law where he was an Olin Fellow, an MBA from UCLA's Anderson Graduate School of Management where he was a Venture Capital Fellow and a BS in Business Administration from UC Berkeley's Haas School of Business, where he has taught finance courses and frequently guest lectures.Mr. Shapiro was recently selected to the 2012 NACD Directorship 100, a list of the most influential leaders in the boardroom and corporate governance community. He is often quoted on matters of corporate governance, fiduciary duty and activist investing and has been the subject of several articles, including a Business Week article in 2000 calling him “The Gary Cooper of Governance”. Mr. Shapiro frequent speaks and panels on corporate governance and activist investing issues at a broad range of prestigious forums that include the Council of Institutional Investors, National Association of Corporate Directors, American Society of Corporate Secretaries, SEC Advisory Committee on Small Public Companies, and the Director’s education programs of Stanford Law School, UCLA Anderson Grad. School of Mgmt., the Wisconsin Business School and Yale’s Millstein Center for Corporate Governance, among others. Mr. Shapiro is a Contributing Author at Seeking Alpha.Mr. Shapiro started Lawndale’s funds in 1993 with only $188,000 under management and through performance and added capital has grown the firm’s managed assets substantially. Lawndale applies a private equity approach through active and relational ownership of public company securities. In most investments, Lawndale plays a constructive relational role by actively working with boards and management teams to help them achieve their strategic and operating goals. In other instances, Lawndale is a direct value-unlocking catalyst, utilizing a range of tools that include aggressively promoting improvements in a company's governance and operational structures, proxy actions, asserting shareowner’s legal rights and taking active roles in restructuring and buyout proposal negotiations..
Hi, I am new to investing and I have just learned the basics of financing. I am a follower of Warren buffet who is one of the best in the financial world(in my Opinion). I am 24 years old and I started my journey after reading articles on Warren buffet. I am here to help you find value and improved investments from all around the world. Hope you guys will enjoy reading my blog.
I am investing through my 401k, and now invest primarily in individual securities. I am a Pension Actuary by trade. I consult with large companies and help them manage their risks involved with their retirement plans. My work focuses mostly on the liability side of the pension plans, but I have limited experience with respect to their pension investment strategies. I enjoy the analysis of individual companies, and I consider myself a value leaning investor, but pay attention to growth at a reasonable price. I plan to hold most of my investments for a long time, or at least until someone offers me a price I can't refuse.
Long WFC, VZ, CSCO, IBM, WMT, ESRX, PRGO, HP, NOV, DE, F, AFL, USB, LYG, VER, OHI, RSXJ, SCIF, CBD, CAZZ, SNI, CFX, FMC, HFC, AIRM, NDLS, FRGI, ICLR, GNTX, IOSP, RHI, VRX, RCKY, SGMA, SORL, APWC, AEY, IOT, TAIT, DSWL, WILC, EVK
Private investor focused on value and GARP. Began investing in mutual funds just a month or so before Black Monday in 1987! I survived that and stayed the course. Been investing now in individual stocks for 16 years. I find that capital markets are a continual learning opportunity, particularly when one is getting his or her ass kicked! SA is a tremendous vehicle for exchanging ideas in a thoughtful and respectful manner.
Recent graduate of Bucknell University, where I majored in Accounting and Financial Management, now working at my first job in asset management. I have been investing in the stock market since I was 13 years old. Almost a decade later, I have come to realize the advantages of utilizing a Benjamin Graham inspired value investing approach to the market. Interestingly, my investment style takes after that used at the hedge fund of my late grandfather, who studied under Graham directly at Columbia University more than half-a century ago.
Combining financial and industry expertise with advanced technology, Enlight offers a simple and seamless way for investors to view, customize and evaluate independent company performance, risk and industry information. Using Enlight’s real-time monitoring platform you can quickly and easily conduct peer comparisons as seen in our recent articles.