ESVF Cumulative Returns Since Inception (as of 2012-05-16)

ESVF m100 S&P 500 NASDAQ

Returns are after all implied fees including 5c/share transaction fees, SEC fees, management and administration fees of 1.95%

ESVF Recent Returns vs S&P500 (as of 2012-05-16)

Returns	ESVF	S&P500	ESVF vs S&P500
Last Week	-3.38%	-2.33%	-1.05%
Last Month	-5.64%	-2.72%	-2.92%
Last 3 Months	-7.23%	-0.42%	-6.81%
Last 6 Months	1.81%	10.59%	-8.78%
Last Year	-4.87%	2.31%	-7.17%
Last 2 Years	14.89%	22.17%	-7.28%
Last 3 Years	63.73%	60.40%	3.33%
Last 5 Years	-5.90%	-1.95%	-3.95%
Since Inception	395.97%	42.25%	353.72%
(Annualized)	16.52%	3.42%	13.10%

ESVF 5 Biggest Holdings (on 2012-05-16)

Symbol	Name	Price	Shares	Value	% Fund
DTV	DIRECTV	46.98	10,000	$469,800	9.47%
SWY	SAFEWAY INC	18.78	20,000	$375,600	7.57%
CLMS	Calamos Asset Management Incorporated A	11.65	27,500	$320,375	6.46%
DELL	Dell Inc	15.34	20,000	$306,800	6.18%
DHIL	Diamond Hill Investment Group Incorporated	72.61	4,000	$290,440	5.85%
	Total			$1,763,015	35.54%

I am a registered investment advisor in the state of Washington, and manager of a small private investment partnership. But those things only came about recently.

Five years ago, I was working for a large construction firm when I came across the Marketocracy website. They were looking for the best investors in the world in order to hire them to manage money. It reignited a passion inside of me. You see, that was the path I had set out on more than 15 years ago while in college, but life had somehow brought me to a different point.

I had known in college that I wanted to get an MBA and work in financial analysis. Instead of majoring in business, I chose to major in both history and political science believing that would form an important base in terms of viewing the world. I then worked for a couple of years for Franklin Resources, the parent company of the Franklin, Templeton and Mutual Series funds, before heading off to get an MBA.

I attended Texas A&M University on a fellowship, and graduated in 1997 with a 3.8 GPA. I wanted to start as an equity analyst and work my way up to being a portfolio manager, but I didn’t want to raise a family in a large city like New York or Chicago. That is probably why my career path took a detour. I ended up working for a large private construction company, in an administrative position. The opportunities were great, but I just didn’t have the passion for the construction industry. That is when I stumbled across the Marketocracy website.

I had studied some of the greatest investors in history like Warren Buffett and John Templeton, and I knew I had the same educational background as portfolio managers, but I had just never had the chance to show my abilities. Marketocracy gave me that chance. By 2003 I had been selected for Marketocracy’s m100, but I had so little time to study companies with the pressures of a full-time job and family. By 2004, I knew it was time to make a change.

I said goodbye to the corporate job with all its security and benefits and moved my family of six (obviously I must have had some free time) a thousand miles away to my wife’s hometown where costs were cheaper. I was going to work in the investment field and was committed to eventually managing money for others. I started analyzing stocks for a publisher of investment manuals on micro-cap, community bank, and high quality unlisted stocks. Soon I was writing a bi-monthly newsletter, as well as occasional articles for Marketocracy’s Marketscope, some of which were published by Forbes on their website.

In 2006 I started an investment partnership. Today, I manage a small investment partnership for accredited investors, and continue to manage a portfolio for Marketocracy, and am a member of their m100 and m10.

Education: 
Masters in Business Administration in 1997 from Texas A&M University. 
Bachelor of Arts degrees in History and in Political Studies in 1991 from The Master’s College.