Steven Kiel Of Arquitos Capital Talks NOL Investing

This is the first part of a new, exclusive, ValueWalk interview series. Throughout this series, we will be publishing weekly interviews with up-and-coming value-oriented hedge fund managers.

This week’s interview is with Steven Kiel, President and Chief Investment Officer of Arquitos Capital Management.

Arquitos Capital is modeled on the partnerships managed by Warren Buffett from 1956-1969. The fund uses a bottom-up, company-specific approach, identifying situations where significant mispricing exists.

And this approach has, so far, yielded some highly impressive results. Arquitos Capital’s annualized return since launching on April 10, 2012 to the end of June was 33.2%. To the end of June, Arquitos Capital was up 2.5% for...