Peter Way Associates provides investment professionals with forward-looking, market-derived Risk:Reward tradeoff assessments for widely held and actively traded common stocks and Exchange Traded Funds (ETFs).
The firm maintains the oldest, largest, and most useful database of stock price forecasts in the investment industry, providing the foundation for its services to its own funds management, other Investment Managers, the daily-updated Institutional-Insights.com website and for its investment newsletters published through Forbes.com.
The forecasts are uniquely derived daily from the self-protective actions of market-makers in big blocks of stocks as they anticipate the actions of their clients, major funds and large institutions. This continuously updated market intelligence reveals their forward-looking appraisals of downside price exposures and (often asymmetrically) higher price prospects for over 2,000 stocks. Comparison of the expectations with subsequent price changes provides actuarial experience tables.
The bottom-line common denominator of expected price returns makes possible direct value comparisons of Risk:Reward tradeoffs between equity investments in companies with widely differing economic and competitive situations. That comparability also makes possible the aggregation of company forecasts into industry, sector, and overall equity market prospects.
Peter F. Way is a veteran Chartered Financial Analyst, having taken and passed the CFA Institute’s required 3 examinations in the first years they were given, 40 years ago.
Armed with BS in Economics from the Wharton School and an MBA degree from Harvard Business School, he has managed staffs of dozens of Investment Researchers and Quantitative Analysts for the nation’s largest bank, arbitraged index options for NYSE Specialists, and managed portfolios of hundred-million-dollar equity investments for Fortune 100 corporate pension funds and non-profit endowments.
He has been elected President of professional Investment Analyst Societies in San Diego and New York City and has served on the editorial boards of the Financial Analysts Journal and the CFA Digest. He has spoken at numerous schools and professional meetings.