Jim Roumell is Founder and President of Roumell Asset Management, LLC. Mr. Roumell founded the firm in 1998 after more than a decade as a financial advisor. Mr. Roumell is highlighted in, “The Art of Value Investing: How the World’s Best Investors Beat the Market” by John Heins and Whitney Tilson. Martin J. Whitman, Founder of Third Avenue Value Funds, says, "Jim's investment philosophies and his actual investments snugly fit into my criteria for securities investment." Mr. Roumell was selected to participate in, and won, two consecutive Wall Street Journal stock picking contests (in 2001 and 2002) before the contest was discontinued. He is a graduate of Wayne State University, Detroit, Michigan.
Currently the President & CEO of a publicly traded startup in the temporary staffing industry, specifically what we call the "On-Demand" sector. I have been in the staffing industry for approx 14 years. I started out as an Account Executive for the largest on-demand provider in the country and have been in the staffing industry ever since.
Enjoy spending time with my wife and 3 beautiful children when Im not working. Doesn't have to be anything fancy, a day at the movies or at the park works just fine for me.
Seeking Alpha Members/Team,
My primary area of focus is within the energy sector, particularly natural gas and to a much lesser degree coal stocks. I'm really looking to get connected with the investment community and really enjoy reading articles by the motley fool and seeking alpha. Douglas Johnston writes some of the most detailed articles loaded with valuable information for seeking alpha pro and has made some recently bold (yet accurate) predictions about my top stock (Exco Resources "XCO"), and gained my respect. I wasn't a big fan of this company, until its stock dropped below $7, then my interest was sparked and I loaded up (buying on the way down to $5, just like Wilbur Ross).
I'm always on the lookout for undervalued companies, usually small-cap stocks, but sometimes I dip into the big companies. Some of my better stock picks included CHK at $15, WNR at $4.50, BAC at $5, BP at $35, XTEX at $6, VZ at $23. Two of my biggest losers were SNTS at $5, sold at $2.50 before they were bought out around $32 (2 years later), and RIG at $60.
Most of my friends don't seem to have much of an interest in stocks and companies, but I am looking to change that one way or another... Anyhow, I plan and hope to make my 1st million in the stock market picking individual stocks, and hope to one day buy a "happy meal" or "convertible preferred stock" (like Warren Buffett did with Bank of America). I'm also starting to learn about real estate, and hope to find some real opportunities in the United States markets!
I am a high yield/distressed credit and deep value/reorg equity analyst. I have fundamental research and buy-side direct investing experience of 22 years in four continents, last 13 years of which were in US and 9 years in three emerging nations - India, Australia and Oman. My last job was with Dalton Investments LLC in Los Angeles, where I spent 13 years as Managing Director analyzing special situations, high yield/distressed credits, bank loans and reorg equities. As a generalist, I looked at more than 400 companies and gained knowledge in insolvency proceedings. By participating in creditor committees, I also gained expertise in corporate reorganization and rescue financing. Prior to Dalton, I worked at Al Ahlia Securities in Muscat, Oman, for more than two years as Head of Research for a $100 mn equity fund. Middle East and North African equities were key investing targets. Prior to Al Ahlia, I worked as Head of Research at ANZ Investment Bank for two years in Syndey, Australia and Mumbai, India. While setting up an Indian asset management company for Australian bank ANZ, I gained research experience in Australian mining, minerals, telecom and tourism sectors. Prior to ANZ, I worked at Unit Trust of India, Indias largest mutual fund at that time, between March 1992 and December 1996. I personally visited more than 300 companies in various parts of India and analyzed/invested in their debt/equity. I hold an MBA from Marshall School of Business, University of Southern California. I also hold an MBA from Indian Institute of Management, Ahmedabad IIM-A. I hold a B.Tech in Aerospace Engineering from Indian Institute of Technology, Kharagpur IIT-KGP. I am Chartered Financial Analyst CFA and a member of CFA Institute/CFA society of Los Angeles.
I have spent over thirty years in the financial services industry and I am the author of Dead Companies Walking: How a Hedge Fund Manager Finds Opportunity in Unexpected Places, an Amazon Best Book of the Month. Since 1991, I have managed the hedge fund Crown Capital in Marin County, California.
After graduating from Cambridge University and qualifying as a barrister, I worked for eight years in investment banking, primarily on equity offerings and M&A transactions, both in the UK and internationally. Subsequently, I spent seven years in investment management as a research analyst, looking at listed stocks globally. I have a Masters in Finance, awarded with distinction, from London Business School and I am a CFA charterholder.
I am now an independent research analyst and investor, living in Hong Kong.
Investment professional and CFA charterholder. I write on Seeking Alpha as a personal hobby and to elicit feedback on specific ideas and topics, help organize my thinking, and connect with intelligent people.