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Arquitos Capital’s Steven Kiel On Special Situation Investing

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Jacob Wolinsky
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ValueWalk's Raul Panganiban interviews Steven Kiel, founder and portfolio manager of Arquitos Capital and chairman of Enterprise Diversified. In this part, Steven discusses his background and what led him to finance, if there is a special meaning behind Arquitos, his special situations approach, the opportunity for permanent capital loss, his stock selection process, and screening for the qualitative measures.

Q2 hedge fund letters, conference, scoops etc

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All right. Yeah, if you just tell me about your background, and what led you to finance and investing?

Sure. So I've had Arquitos Capital for about seven and a half years or so. My background is as an attorney, I worked for a nonprofit as well, when I first got out of undergrad, also a Judge Advocate in the Army Reserves about 19 years in there as well. So do a little bit of legal work still, on a very part time basis.

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Jacob Wolinsky is the ex-Founder of Valuewalk.com (founded 2011, sold 2023). He is founder of HedgeFundAlpha (formerly ValueWalk Premium), a hedge fund focused intelligence service for institutional investors. Prior to founding Valuewalk, Jacob covered small caps, worked recruiting members for a large hedge fund community and freelance financial journalism. Jacob lives with his wife and five kids in Passaic Park NJ. - Email: jacob(at)hedgefundalpha.com. For confidential inquires email me for my Signal ID. Other methods of secure communication are also available. FD: Most of my portfolio is in I mostly purchase broad-based ETFs, mutual funds or individual bonds - I do this for performance reasons and to avoid any potential conflict of interest or occasional receipt of insider information. I will disclose if I have a stake in any company, but in general I have few stocks and I avoid any trading especially around topics I am covering.