About
Our Firm
After 25 years with three large Wall Street firms, the time was right to launch an independent investment adviser focused exclusively on managing concentrated global equity portfolios rooted in the timeless principles of fundamental value investing.
Our firm strives to offer institutional-quality investment management with the alignment and focus of a boutique firm.
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Founded in 2014 by Matthew Haynes, CFA (Chief Investment Officer) and Jack Glasheen (Chief Compliance Officer), our firm reflects decades of experience managing institutional and retail assets across many varied market cycles, guided by a consistent philosophy emphasizing downside protection, long-term compounding and prudent capital stewardship.
Our Name
The Intelligent Investor, the seminal book on value investing written by Benjamin Graham, was first published in 1949. Described by Warren Buffett as “by far the best book on investing ever written”, the 1949 first edition had a prodigious influence on Matt in 1992, the year before he was promoted to global Portfolio Manager with Dean Witter InterCapital.
We believe that many of Mr. Graham's timeless investment principles are every bit as pertinent today as they were in 1949.
In reverence to Mr. Graham, and the profound impact that his book has had on Matt's life and career, our firm's name pays tribute to the year it was first published, and to many of the personal values of that era which we continue to live by today.
Our Approach
1949 Value Advisors combines practical and proven value investment principles with modern analytics to navigate today’s global equity markets, continuing a discipline Matthew Haynes has applied across institutional and private portfolios since 1993.
As absolute return-oriented global value investors, we define risk as a permanent capital loss, not volatility. Each security's financial strength and discounted valuation is paramount to mitigating aggregate portfolio risk. We believe that a differentiated portfolio of high-conviction undervalued global securities will provide both safety of principal and attractive absolute returns over the long term.