MBA from UCLA Anderson, CFA charterholder and California-licensed CPA currently working for a global top-20 asset manager in Hong Kong. Los Angeles roots and bilingual Mandarin. I previously worked for a fund of hedge fund and have some accounting experience in the entertainment industry. I have been investing since October 2008. My initial investment focus was on REITs and other income stocks but have since expanded my universe to include any value situation. I believe income and capital appreciation are not mutually exclusive. I enjoy reading fact-based fundamental analysis and shun emotional arguments. Starting in July 2017, I aim to publish one article a week on a new company, focusing first on macro and qualitative factors and will selectively dive deeper into valuation on some names. I usually do not publish price targets in my articles except for special situations and event-driven ideas. I believe relative valuation and a strategic view add more value than a single number. There are simply too many variables (beta, economy, interest rates, geopolitical risks) impacting the overall market, and it would be naive of me to think I can account for all of them.