John P. Reese - AbsoluteAstronomy.com

John P. Reese is an American author, financial columnist, and money manager. He has written two books about investing, The Guru Investor: How to Beat the Market Using History's Best Investment Strategies (2009, John Wiley & Sons), and The Market Gurus: Stock Investing Strategies You Can Use From Wall Street's Best (Dearborn, 2002). Reese is also a columnist for several international financial publications, including Forbes magazine and Forbes.com ; Canada's Globe and Mail; RealMoney.com ; and the Israeli newspaper Globes

Globes

Globes is a Hebrew language daily evening financial newspaper, published in Israel. According to TGI 2009 media survey Globes' market share rose 15% over the year to 4.4%. Its main competitors in printed media are TheMarker of Haaretz group and Calcalist published by Yedioth Ahronoth Group...

.

Reese has developed computer models that are based on the published strategies of several financial strategists, including Warren Buffett, Peter Lynch, Benjamin Graham, Martin Zweig, and Kenneth Fisher. He holds two patents in the field of automated stock analysis: "Computer based device to report the results of codified methodologies of financial advisors applied to a single security or element" ; and "Magazine, online, and broadcast summary recommendation reporting system to aid in decision making" .

Reese is also the founder and chief executive officer of Validea.com, a research website that allows visitors to use his screening tools, and Validea Capital Management, an investment advisory firm. He advises two mutual funds offered in Canada, Omega Consensus American Equity Fund and Omega Consensus International Equity Fund.

Published work

Reese is the author of two books on investment strategies

Investment strategy

In finance, an investment strategy is a set of rules, behaviors or procedures, designed to guide an investor's selection of an investment portfolio...

. The Guru Investor: How to Beat the Market Using History's Best Investment Strategies (February 3, 2009, John Wiley & Sons

John Wiley & Sons

John Wiley & Sons, Inc., also referred to as Wiley, is a global publishing company that specializes in academic publishing and markets its products to professionals and consumers, students and instructors in higher education, and researchers and practitioners in scientific, technical, medical, and...

) examines the approaches used by 10 stock strategists: Benjamin Graham

Benjamin Graham

Benjamin Graham was an American economist and professional investor. Graham is considered the first proponent of value investing, an investment approach he began teaching at Columbia Business School in 1928 and subsequently refined with David Dodd through various editions of their famous book...

, John Neff

John Neff

John Neff is one of the best known mutual fund investors of the past 40 years, notable for his contrarian and value investing styles as well as heading Vanguard's Windsor Fund. Windsor was the best performing mutual fund during his tenure and became the largest fund closing to new investors in the...

, David Dreman

David Dreman

David Dreman is a noted investor, who founded and is Chairman of Dreman Value Management, an investment company. The company focuses on the assets of mutual funds, pension, foundation, and endowment funds, as well as high net-worth individuals....

, Warren Buffett

Warren Buffett

Warren Edward Buffett is an American business magnate, investor, and philanthropist. He is widely regarded as one of the most successful investors in the world. Often introduced as "legendary investor, Warren Buffett", he is the primary shareholder, chairman and CEO of Berkshire Hathaway. He is...

, Peter Lynch

Peter Lynch

Peter Lynch is a Wall Street stock investor. He is currently a research consultant at Fidelity Investments. Lynch graduated from Boston College in 1965 and earned a Master of Business Administration from the Wharton School of the University of Pennsylvania in 1968.-Fidelity:Lynch was hired as an...

, Kenneth Fisher

Kenneth Fisher

Kenneth Lawrence Fisher is a widely published American investment analyst, and the founder, chairman, and CEO of Fisher Investments, a money management firm headquartered in Woodside, California...

, Martin Zweig

Martin Zweig

Martin E. Zweig is an American stock investor, investment advisor, and financial analyst. He is, according to Forbes Magazine renowned for his "eccentric and lavish lifestyle" as well having the most expensive residence in the United States. It was listed on the New York City real estate market a...

, James O'Shaughnessy

James O'Shaughnessy

James P. O'Shaughnessy is an American investor and the founder, chairman, and CEO of O'Shaughnessy Asset Management, LLC , an asset management firm headquartered in Stamford, Connecticut....

, Joel Greenblatt

Joel Greenblatt

Joel Greenblatt is a value investor, and adjunct professor at the Columbia University Graduate School of Business...

, and Joseph Piotroski

Joseph Piotroski

Joseph D. Piotroski is an American professor who specializes in accounting and financial reporting issues. As of October 2010 he serves as associate professor of accounting at the Stanford University Graduate School of Business...

. The book details how Reese developed stock-selection models based on these investors' strategies and outlines his own portfolio management

Investment management

Investment management is the professional management of various securities and assets in order to meet specified investment goals for the benefit of the investors...

approach.

The Guru Investor was a follow-up to Reese's first book, The Market Gurus: Stock Investing Strategies You Can Use From Wall Street's Best (Dearborn, 2002). The Market Gurus examines the strategies of eight different stock market

Stock market

A stock market or equity market is a public entity for the trading of company stock and derivatives at an agreed price; these are securities listed on a stock exchange as well as those only traded privately.The size of the world stock market was estimated at about $36.6 trillion...

investors—Peter Lynch

Peter Lynch

, Benjamin Graham

Benjamin Graham

, William O'Neil

William O'Neil

William J. O'Neil is an American entrepreneur, stockbroker and writer, who founded the business newspaper Investor's Business Daily and the stock brokerage firm William O'Neil + Co. Inc...

Warren Buffett

David Dreman

Martin Zweig

Kenneth Fisher

Kenneth Lawrence Fisher is a widely published American investment analyst, and the founder, chairman, and CEO of Fisher Investments, a money management firm headquartered in Woodside, California...

, and James O'Shaughnessy

James O'Shaughnessy

James P. O'Shaughnessy is an American investor and the founder, chairman, and CEO of O'Shaughnessy Asset Management, LLC , an asset management firm headquartered in Stamford, Connecticut....

—and explains how the computer models that Reese developed based on their strategies work.

Reese is also a regular columnist for the financial websites Forbes.com, Nasdaq.com and RealMoney.com. In his columns, he usually writes about stocks that have passed one or more of his quantitative models. In 2007, he began writing for Globes

Globes

, an Israeli financial daily newspaper, and in 2010 he began writing for the investment research web site Morningstar.com.

Education

John P. Reese attended the Massachusetts Institute of Technology

Massachusetts Institute of Technology

The Massachusetts Institute of Technology is a private research university located in Cambridge, Massachusetts. MIT has five schools and one college, containing a total of 32 academic departments, with a strong emphasis on scientific and technological education and research.Founded in 1861 in...

and graduated with a degree in electrical engineering

Electrical engineering

Electrical engineering is a field of engineering that generally deals with the study and application of electricity, electronics and electromagnetism. The field first became an identifiable occupation in the late nineteenth century after commercialization of the electric telegraph and electrical...

in 1974. At MIT, he was a member of the school’s artificial intelligence

Artificial intelligence

Artificial intelligence is the intelligence of machines and the branch of computer science that aims to create it. AI textbooks define the field as "the study and design of intelligent agents" where an intelligent agent is a system that perceives its environment and takes actions that maximize its...

laboratory. In 1979, he received his Master’s in Business Administration from Harvard Business School

Harvard Business School

Harvard Business School is the graduate business school of Harvard University in Boston, Massachusetts, United States and is widely recognized as one of the top business schools in the world. The school offers the world's largest full-time MBA program, doctoral programs, and many executive...

Investment Career

Reese founded The Reese Group in the late 1990s. Initially, the site served as a report card for financial commentators, monitoring how well the recommendations of dozens of investment columnists and personalities fared. The company's name was later changed to Validea.com. The firm's focus was also changed to feature Reese's stock-selection models.. As of April 2011, Validea.com featured models based on published books or papers from 11 different investors with long-term track records of generating above-market-average returns and quantifiable investment strategies. Those investors include: Peter Lynch

Peter Lynch

, Benjamin Graham

Benjamin Graham

, William O'Neil

William O'Neil

William J. O'Neil is an American entrepreneur, stockbroker and writer, who founded the business newspaper Investor's Business Daily and the stock brokerage firm William O'Neil + Co. Inc...

Warren Buffett

David Dreman

Martin Zweig

Kenneth Fisher

Kenneth Lawrence Fisher is a widely published American investment analyst, and the founder, chairman, and CEO of Fisher Investments, a money management firm headquartered in Woodside, California...

, James O'Shaughnessy

James O'Shaughnessy

James P. O'Shaughnessy is an American investor and the founder, chairman, and CEO of O'Shaughnessy Asset Management, LLC , an asset management firm headquartered in Stamford, Connecticut....

, John Neff

John Neff

, Joseph Piotroski

Joseph Piotroski

, and The Motley Fool. Reese is the chief executive officer of Validea.com.

In 2004, Reese also co-founded Validea Capital Management, LLC. He is currently the CEO of the firm, which manages money for high net worth individuals and institutions using his guru-based computer models.

External links

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