David Barr, CFA, is the President and CEO of PenderFund Capital Management. He is also the Portfolio Manager of several of Pender’s funds. David began investing in 2002, initially working in private equity which gives him a unique background to investing capital in public markets. He is an advocate of value investing and believes that investing in a company well below intrinsic value decreases the risk and sets it up for generating long term performance. He looks for value in unpopular places with a view to finding “quality at a discount”. David has been interviewed for his opinions on small cap, the technology sector and value investing by the Bloomberg, Financial Post, The Globe & Mail, BNN and other media.