David Sims is the managing member of RidgeHaven Capital LLC. We prefer distressed equities and value investing. The firm was established to manage wealth with an eye on fundamental value, but also an understanding of technical trends and market behavior.
David is a Certified Public Accountant and previously worked as an auditor at a Big 4 accounting firm, SEC Reporting Analyst and financial systems administrator at a small private company.
Find the Sims On Finance Investing Podcast on iTunes, Tune In Radio, and Player FM radio.
I was educated as a banking, finance and tax lawyer. My research interest was in the legal regulation of derivative instruments.
This led me into finance as I became a trader, investor, investment adviser and corporate finance specialist.
My company Evago Global Capital is primarily an investment bank that focuses on the emerging markets and I speak about emerging markets, I am really speaking about Africa. This is the only market that excites me because of the attractive demographics, size of market, demand, entrepreneurial nature of the people, the natural resources most of which remain unexploited and so much more.
My thinking of the market is informed by my diverse educational and professional background in law, government, NGO and finance.
It is my belief that finance needs a new meta narrative, it is not necessarily the case that classical financial tools and macroeconomic concepts do not work but they can only work within the confines of a different narrative or totalizing schema where finance becomes truly a tool or a servant with which we can solve global challenges rather than it being our master.
Money can magnify wisdom or stupidity. The outcome of the use of money is determined by the person harnessing the force of money.
The finance industry needs to move from seeking money for the sake of having it to harnessing money for concrete and wise purposes.
This is important because money is a force that is a faithful servant but a terrible master and it is a force that can only be correctly harnessed when one has the correct understanding of the purpose of money as a force of good and not evil.