Sundeep Bajikar is a portfolio manager of the Acteve Model Portfolio, which is based on a value investing philosophy and process described in his book Equity Research for the Technology Investor. Previously, Sundeep was a Wall Street analyst for 9 years at Morgan Stanley & Jefferies. He spent the 9 years before that in the technology industry at Intel. He holds an MBA in Finance from Wharton, and M.S. degrees in Electrical and Mechanical Engineering from the University of Minnesota.
Sundeep’s Book Recommendation:
Five Good Questions:
- If you’re a generalist investor, do you have any business venturing into technology investments? Or are you setting yourself up for failure by venturing outside your circle of competence? Or is it that exact mindset that creates the opportunities?
- What are your views on discussing investments with others? It seems like a difficult balance of gaining valuable insight vs. tainting your own views?
- There are so much data out there. What do you focus on? What’s your key message to individual investors?
- Most historical “technology” investments (airplanes, cars, radios, internet) have shown a few big winners, but mostly a lot of zeroes for shareholders. It seems all the value flows through to the consumer. How do you avoid that as an investor?
- With such a wide range of outcomes in tech, how do you handicap the odds and magnitudes of different outcomes to get a ballpark of a probabilistic future?