Kensico Capital’s Tom Coleman visits with the SIF
Nov 4
Kensico Capital’s Tom Coleman visits with the SIF
Last week, the members of the SIF had the pleasure of hosting Union trustee Tom Coleman (class of 1988). Mr. Coleman captivated his audience with stories of a street-style basketball shoe brand that he founded in the early 1990s; his part-time job at a hedge fund while attending Columbia Business School; and his experience of…
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Sep 15
Going LONG on BYD: A Global EV Sector Play
What is BYD? BYD stands for “Build Your Dreams”. It is a Chinese manufacturer of electric and hybrid vehicles with sales in Asia, Latin America and Europe. It was founded by Wang Chuanfu in 1995 in Shenzhen, China where it is headquartered. BYD started as a battery-making company but transitioned into the electric vehicle market…
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Apr 19
Buy Prologis
What is Prologis? According to its 2023 annual report, “Prologis is the global leader in logistics real estate with a focus on high-barrier, high-growth markets.” The logistics real estate sector provides warehouse distribution and fulfillment centers to streamline supply chains and meet the demands of both traditional and online commerce. Prologis develops and manages these…
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Apr 11
David Katz of Matrix Asset Advisors Speaks to Standing-Room-Only Crowd
On April 3rd, the Student Investment Fund had the honor to host David A Katz (Union Class of ‘84), President and Chief Investment Officer of Matrix Asset Advisor, a firm David co-founded in 1986. David has an MBA from NYU, is a CFA charter holder, and appears frequently as a guest on CNBC (e.g. here…
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Feb 22
An Introduction to ESG with Bloomberg Analysis
On Wednesday, 2/7, ESG sector director Ben Tichner presented on the emerging trend of ESG in financial markets. The focus of this presentation was a historical look at sustainable finance, the contemporary ESG movement, and a demonstration of the various ways to access and synthesize ESG data in the Bloomberg Terminal – with a specific…
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Feb 18
Alumni Visit: Curtis Butler ’90
Last Wednesday, the Student Investment Fund had the privilege to hear from alumnus, Curtis Bulter ‘90, who listened to updates on our current fund positions and provided insight on how we should continue to move forward with the portfolio. Butler graduated from Union with a double major in Economics & Modern Languages and has had…
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Jan 27
Voting Apple’s 2023 Proxy
On Wednesday, 1/24, the corporate governance team consisting of DJ Jun, Rathika Nair and Michael Rocco O’Krepky presented their recommendations for how the fund should vote our $80K worth of Apple shares in the upcoming shareholder meeting. The motivation was that being responsible owners of our assets means participating in the governance of the companies…
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Jan 27
Move cash to SGOV
What is SGOV? SGOV is iShares 0-3 Month Treasury ETF (SGOV). It invests in ultra-short-term treasuries, is passively managed, has a low expense ratio of 0.07%, and has an average bond duration of 0.09 years. What is the investment thesis? At the time of this writing (December 2023), cash represents more than 16% of…
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Jan 27
Buy PAVE – ETF Sector Pitch
What is PAVE? PAVE is Global X U.S. Infrastructure Development ETF which “seeks to invest in companies that stand to benefit from a potential increase in infrastructure activity in the United States.” Why infrastructure? What is the investment thesis? We believe that the market currently underestimates the need for infrastructure investments and the magnitude…
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Feb 26
Utilities Sector Thesis
The utilities sector is one of the main sectors of the economy and is made up of companies such as electric, gas, and water utility firms. Utility stocks are generally not high growth stocks that will outperform the market, but rather high yielding equity investments. These companies require significant infrastructure and therefore often carry large…
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