Marcel Herbst, CFA, has been trading and managing money since 1998. Currently, he serves as the Portfolio Manager of Herbst Capital Management, LLC, a Chicago based hedge fund. Marcel Herbst received the Chartered Financial Analyst designation in 2011 and is a full member of the Chicago CFA Society and the CFA Institute. In addition, he has more than ten years of experience in the management of hospitality services organizations for large, upscale branded and non-branded properties in the US and Europe. In his last position he served as the Director of Food and Beverage at the 1544 room Hilton Chicago, overseeing $42M in F&B revenue and over 300 employees. Marcel Herbst has a Bachelor degree of Business Administration; Concentration in Marketing from Schiller International University in Heidelberg, Germany, and a Master degree of Management in Hospitality from Cornell University –School of Hotel Administration in Ithaca, New York.