The following interview was first published in the winter 2015 issue of the Graham & Doddsville investment newsletter.
Andrew Wellington co-founded Lyrical Asset Management (LAM), a New York-based boutique investment management firm where he serves as Chief Investment Officer and Managing Partner. Over the six years ending December 2014, LAM’s U.S. Value Equity-EQ strategy has returned 323.7%, net of fees, more than doubling the S&P 500 total return of 159.4%.
Andrew Wellington and LAM are fundamentally value investors. When looking for possible investments, Wellington and his team screen the market to find stocks that look cheap on numbers alone. Using similar...