** Saturday, SEPTEMBER 16, 2017 **

Registration and Coffee: 8:30 AM - Seminars: 9:00 AM to Noon




John Reese


CEO and Founder,
Validea.com and Validea Capital Mgmt. LLC

“Factor-Based Investing Inspired By Wall Street Greats”



One of the hottest areas in investing today is called factor-based investing. What is it? Academic research has shown long-term outperformance when portfolios are tilted towards stocks with specific “factors,” or characteristics. However, another way to utilize factors is by combining them.

John Reese will discuss his investing system, which is built from the strategies of famous investors, with attendees gaining insight from his 14 years of running system-based investment models.

Reese and his team at Validea have built integrated factor-based approaches and actively run portfolios of top-rated stocks using these models, the likes of which are based on and used by investors like Warren Buffett, Peter Lynch, Joel Greenblatt and others.

  • The factors used by Buffett, Lynch and other investors in analyzing stocks
  • How integrated factor models are built and utilized in actual money management products
  • How to diversify between various factor-based approaches

John Reese is the founder and CEO of Validea.com, an independent stock research firm, and Validea Capital Management, a boutique asset management company, managing over $500 million in assets.

Reese is a pioneer in the online investment research arena and quantitative investing using the strategies of investing legends. He is the author of “The Guru Investor: How to Beat the Market Using History’s Best Investment Strategies.” Validea’s research team also publishes The Guru Investor blog highlighting current ideas and trends from the brightest investment minds across the globe.

Reese is a graduate from MIT and the Harvard Business School, holds multiple patents and appears regularly in Forbes, Realmoney.com, Canada’s Globe & Mail and other media outlets


Topic 2...

Beau Coash


Institutional Portfolio Manager,
Fixed Income Division, Fidelity Investments

“Navigating the Fixed-Income Markets”


In this presentation, Coash will review Fidelity’s current perspective on the fixed-income markets, their philosophy and process for investing, why a diversified core bond strategy—like Fidelity’s total bond fund—provides benefits in any market environment and, lastly, why it’s important to consider actively managed mutual funds and ETFs in fixed income.

  • Fidelity’s current view on the bond market and their approach to fixed income investing
  • Diversified core bond strategies, like Fidelity total bond fund, and their benefits in any market environment
  • Why active management matters in fixed-income investing

Beau Coash is an institutional portfolio manager in Fidelity Investment’s fixed income division, whose members won Morningstar’s 2016 Fixed Income Fund Manager of the Year award for Fidelity’s total bond fund. Fidelity Investments is a leading provider of investment management, portfolio guidance and other financial services to more than 20 million individuals, institutions and financial intermediaries.

Prior to assuming his current role in 2013, Coash was the head of equity and syndicate trading at Fidelity. Prior to joining Fidelity in 2005, Coash was senior vice president in corporate bond sales at Lehman Brothers. He has been in the investment industry since 1993 following a playing career in the NFL with the New England Patriots.

Coash earned his BA in history from Middlebury College and his MBA from Harvard Business School.




Seminar Schedule at the Skirball Center:
3rd Saturday of each month, except no meetings in August or December:
Remaining meetings in 2017: September 16, October 21, November 18.

 Skirball Cultural Center, 2701 N. Sepulveda Blvd. Located west of the San Diego Fwy. (I-405),
at the off-ramp to Mulholland Dr. and Skirball Center Dr.

Book Exchange
8:30 a.m.

9:00 a.m. - noon

In Advance (six days prior to meeting) $10 per person,
mail check to AAII Los Angeles Chapter, PO Box 854, Santa Monica, CA 90406-0854
(Your check is your receipt and may take up to four weeks to clear.)

Click Here
to view or download a registration form in .pdf format. 

At the door  (space permitting only) $12 per person.

Location Map

Location Map


Chapter President: Evan Press

For all questions or comments please email to: aaiichapter_losangeles@yahoo.com

Please note: It is not the policy of AAII, its local Chapters, officers or directors to promote any specific investments or techniques of analysis.  The opinions of speakers are their own and not necessarily those of AAII or the LA Chapter.  Attendees are advised that presentations are provided solely for informational purposes and should not be construed as an offer to sell or the solicitation of an offer to buy securities.  The opinions and analyses are based on sources believed to be reliable and presented in good faith. But, no representation  or warranty, expressed or implied, is made as to their accuracy, completeness, timeliness or correctness.  All investment information presented should be independently verified.  The investment information that is provided may not be appropriate for all investors as it is provided without consideration of attendees' financial sophistication, financial situation, investing time horizon or risk tolerance.