David Berkowitz

David Berkowitz Email and Phone Number

Investment Advisor and Chief Investment Officer @ ValueAligned Partners
Middletown, NJ, US
David Berkowitz's Location
Middletown, New Jersey, United States, United States
About David Berkowitz

SInce 2002, I have been a Hedge Fund Manager, an Investment Advisor, and a Portfolio Manager at the firm I founded, ValueAligned Partners. In the previous 20 years, I was an Equity Hedge Fund Trader and Research Analyst at Woodward and Associates and a Corporate Finance and Value-based Management Consultant at Stern Stewart, The EVA Company. Those experiences led me to my primary role today as my clients' investment manager, providing rising income and meaningful legacies.Principles:Owning businesses or shares of those businesses has historically been the simplest, most efficient, and least expensive method of building both rising income and wealth over time.We are long-term, goal-focused, plan-driven stock investors. The key to lifetime success in investing is to act continuously on a specific, written plan. Likewise, we believe substandard returns and even investment failure proceed inevitably from reacting to (let alone trying to anticipate) current economic/market events.My experience has convinced me that the economy cannot be consistently forecast, nor the markets consistently timed. Therefore, the only reliable way to capture the total long-term return of shares of the best businesses is to ride out their frequent but historically always temporary declines.In the last four decades, the average annual price decline from a peak to a trough in the S&P 500 exceeded 14%. One year in five, the decline averaged at least twice that. And on two occasions (in 2000-02 and 2007-09), the Index has actually gone down by -50%. Yet the S&P 500 came into 1980 at 106 and went out of 2022 at 3,839; over those 43 years, its average annual compound rate of total return (with dividends reinvested) was more than 12%.These data underscore my conviction that the essential challenge to long-term successful stock investing is neither intellectual nor financial but temperamental: it is how one reacts to market declines or chooses not to react.These principles will continue to govern the essentially behavioral nature of my advice.

David Berkowitz's Current Company Details
ValueAligned Partners

Valuealigned Partners

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Investment Advisor and Chief Investment Officer
Middletown, NJ, US
David Berkowitz Work Experience Details
  • Valuealigned Partners
    Investment Advisor And Chief Investment Officer
    Valuealigned Partners
    Middletown, Nj, Us
  • Valuealigned Partners
    Investment Advisor And Chief Investment Officer
    Valuealigned Partners Jun 2002 - Present
    Red Bank, New Jersey, Us
    Founded ValueAligned Partners, a fee-only investment advisory with a mission of bringing personalized, institutional financial advice and investment management to individual investors, families and small institutions across the country.Developed and implemented an active value investing system called ValueAligned® Investing that marries value investing with value-based management (VBM) and EVA® to identify the companies with managements most aligned with creating shareholder value. Challenged to diversify a family's legacy public equity portfolio. Charged to advise on relative attractiveness, valuation, and quality of governance of portfolio stocks. Began with $3 million under management in 2002 and grew assets to over $65 million.For more information about value investing, visit valuealigned.com
  • Stern Stewart & Co
    Principal Corporate Finance Consultant
    Stern Stewart & Co Jul 1997 - Jul 2002
    Led Stern Stewart's consulting operations in North America. Managed large EVA® engagements for manufacturers, retailers, and financial services firms. Primary consulting responsibility was developing and customizing the EVA Management System for North American Fortune 500 clients. This responsibility included re-engineering the client’s financial management system; developing incentive compensation systems based on continuous intrinsic value creation; and educating executives, line managers, and employees in the shareholder value creation process. Marketed and analyzed the Shareowner Alignment Index (SAI), a study of best practices in generating and sustaining shareholder value at 62 global companies. Top performers, termed Value-Aligned companies, produced more than twice the amount of shareholder value than non-aligned companies over the previous five years.
  • Woodward & Associates
    Equity Trader
    Woodward & Associates Oct 1989 - May 1995
  • Woodward & Associates
    Stock & Option Trader/Hedge Fund Accountant/Partner Relations
    Woodward & Associates Oct 1989 - Aug 1994
    As Chief Operating Officer responsible for analytical systems, performance reporting, portfolio and regulatory accounting, trading strategies, analysis, and tax plans for individuals, families and trusts. As head trader, executed and allocated equity and option buy and sell orders for hedge funds with as much as $250 million under management.

David Berkowitz Education Details

  • Columbia Business School
    Columbia Business School
    Accounting And Finance
  • Columbia College, Columbia University
    Columbia College, Columbia University
    Economics

Frequently Asked Questions about David Berkowitz

What company does David Berkowitz work for?

David Berkowitz works for Valuealigned Partners

What is David Berkowitz's role at the current company?

David Berkowitz's current role is Investment Advisor and Chief Investment Officer.

What schools did David Berkowitz attend?

David Berkowitz attended Columbia Business School, Columbia College, Columbia University.

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