John P. Reese
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John P. Reese (born July 1, 1953) is an American author, financial columnist, and money manager. He has written two books about investing, and is a columnist for several international financial publications, including ''Forbes'' magazine and Forbes.com; Canada's ''
The Globe and Mail ''The Globe and Mail'' is a Canadian newspaper printed in five cities in western and central Canada. With a weekly readership of approximately 2 million in 2015, it is Canada's most widely read newspaper on weekdays and Saturdays, although it ...
''; RealMoney.com ; and the Israeli newspaper
Globes A globe is a spherical model of Earth, of some other celestial body, or of the celestial sphere. Globes serve purposes similar to maps, but unlike maps, they do not distort the surface that they portray except to scale it down. A model globe of ...
. 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, National Bank Consensus American Equity Fund and National Bank Consensus International Equity Fund.


Early life and education

John P. Reese was born on July 1, 1953, in Los Angeles, California. He attended Hollywood High School in Hollywood, California, before going to MIT and Harvard Business School. Reese attended the
Massachusetts Institute of Technology The Massachusetts Institute of Technology (MIT) is a private land-grant research university in Cambridge, Massachusetts. Established in 1861, MIT has played a key role in the development of modern technology and science, and is one of the ...
and graduated with a degree in electrical engineering in 1974. At
MIT The Massachusetts Institute of Technology (MIT) is a private land-grant research university in Cambridge, Massachusetts. Established in 1861, MIT has played a key role in the development of modern technology and science, and is one of the m ...
, he was a member of the school’s
artificial intelligence Artificial intelligence (AI) is intelligence—perceiving, synthesizing, and inferring information—demonstrated by machines, as opposed to intelligence displayed by animals and humans. Example tasks in which this is done include speech r ...
laboratory. In 1979, he received his Master’s in Business Administration from Harvard Business School.


Career

Prior to his investing career, Reese served as marketing manager of electronics at Coleco and vice president of information technology for GE Capital ITS. He also founded and served as CEO of Micro Networks of America, a Farmington, Conn.-based computer networking firm, before selling the company to AmeriData Inc. in 1993. 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 (born January 19, 1944) is an American investor, mutual fund manager, and philanthropist. As the manager of the Magellan Fund at Fidelity Investments between 1977 and 1990, Lynch averaged a 29.2% annual return, consistently more th ...
, Benjamin Graham, William O'Neil,
Warren Buffett Warren Edward Buffett ( ; born August 30, 1930) is an American business magnate, investor, and philanthropist. He is currently the chairman and CEO of Berkshire Hathaway. He is one of the most successful investors in the world and has a net ...
,
David Dreman David Dreman (born 1936) is an investor, who founded and is chairman of Dreman Value Management, an investment company. Dreman has published many scholarly articles and he has written four books. Dreman also writes a column for ''Forbes'' maga ...
, Martin Zweig,
Kenneth Fisher Kenneth Lawrence Fisher (born November 29, 1950) is an American billionaire investment analyst, author, and the founder and chairman of Fisher Investments, a fee-only financial adviser. Fisher's ''Forbes'' "Portfolio Strategy" column ran from 1 ...
, James O'Shaughnessy,
John Neff John B. Neff, CFA, (September 19, 1931 – June 4, 2019) was an American investor, mutual fund manager, and philanthropist. He was notable for his contrarian and value investing styles as well as for heading Vanguard's Windsor Fund. Windsor ...
,
Joseph Piotroski Joseph D. Piotroski is the Robert K. Jaedicke Professor of Accounting at Stanford University's Graduate School of Business, and a senior fellow at the Asian Bureau of Finance and Economic Research (ABFER). Prior to joining Stanford in 2007, Piotros ...
, and
The Motley Fool The Motley Fool is a private financial and investing advice company based in Alexandria, Virginia. It was founded in July 1993 by co-chairmen and brothers David Gardner and Tom Gardner, and Erik Rydholm, who has since left the company. The compa ...
. Reese is the chief executive officer of Validea.com. In 2004, Reese co-founded Validea Capital Management where he became the CEO, and which manages money for high-net-worth individuals and institutions using his computer models. In 2014 Reese became the co-portfolio-manager of an actively managed exchange-traded fund (ETF) launched by Validea Capital. The fund was the first to directly give investors exposure to the methodologies used by some of Wall Street’s successful investors.Lydon, Tom
"New ETF Puts Investors Alongside Legends"
"ETF Trends", December 11, 2014.


Published work

Reese has co-authored two books on
investment strategies In finance, an investment strategy is a set of rules, behaviors or procedures, designed to guide an investor's selection of an investment Portfolio (finance), portfolio. Individuals have different profit objectives, and their individual skills make ...
. ''The Guru Investor: How to Beat the Market Using History's Best Investment Strategies'' (February 3, 2009,
John Wiley & Sons John Wiley & Sons, Inc., commonly known as Wiley (), is an American multinational publishing company founded in 1807 that focuses on academic publishing and instructional materials. The company produces books, journals, and encyclopedias, ...
. ) was co-authored by Jack M. Forehand and examines the approaches used by 10 stock strategists: Benjamin Graham,
John Neff John B. Neff, CFA, (September 19, 1931 – June 4, 2019) was an American investor, mutual fund manager, and philanthropist. He was notable for his contrarian and value investing styles as well as for heading Vanguard's Windsor Fund. Windsor ...
,
David Dreman David Dreman (born 1936) is an investor, who founded and is chairman of Dreman Value Management, an investment company. Dreman has published many scholarly articles and he has written four books. Dreman also writes a column for ''Forbes'' maga ...
,
Warren Buffett Warren Edward Buffett ( ; born August 30, 1930) is an American business magnate, investor, and philanthropist. He is currently the chairman and CEO of Berkshire Hathaway. He is one of the most successful investors in the world and has a net ...
,
Peter Lynch Peter Lynch (born January 19, 1944) is an American investor, mutual fund manager, and philanthropist. As the manager of the Magellan Fund at Fidelity Investments between 1977 and 1990, Lynch averaged a 29.2% annual return, consistently more th ...
,
Kenneth Fisher Kenneth Lawrence Fisher (born November 29, 1950) is an American billionaire investment analyst, author, and the founder and chairman of Fisher Investments, a fee-only financial adviser. Fisher's ''Forbes'' "Portfolio Strategy" column ran from 1 ...
, Martin Zweig, James O'Shaughnessy,
Joel Greenblatt Joel Greenblatt (born December 13, 1957) is an American academic, hedge fund manager, investor, and writer. He is a value investor, alumnus of the Wharton School of the University of Pennsylvania, and adjunct professor at the Columbia University G ...
, and
Joseph Piotroski Joseph D. Piotroski is the Robert K. Jaedicke Professor of Accounting at Stanford University's Graduate School of Business, and a senior fellow at the Asian Bureau of Finance and Economic Research (ABFER). Prior to joining Stanford in 2007, Piotros ...
. His first book, ''The Market Gurus: Stock Investing Strategies You Can Use From Wall Street's Best'' (Dearborn, 2002. ), was co-authored with Todd O. Glassman and examined the strategies of eight different stock market investors—
Peter Lynch Peter Lynch (born January 19, 1944) is an American investor, mutual fund manager, and philanthropist. As the manager of the Magellan Fund at Fidelity Investments between 1977 and 1990, Lynch averaged a 29.2% annual return, consistently more th ...
, Benjamin Graham, William O'Neil,
Warren Buffett Warren Edward Buffett ( ; born August 30, 1930) is an American business magnate, investor, and philanthropist. He is currently the chairman and CEO of Berkshire Hathaway. He is one of the most successful investors in the world and has a net ...
,
David Dreman David Dreman (born 1936) is an investor, who founded and is chairman of Dreman Value Management, an investment company. Dreman has published many scholarly articles and he has written four books. Dreman also writes a column for ''Forbes'' maga ...
, Martin Zweig,
Kenneth Fisher Kenneth Lawrence Fisher (born November 29, 1950) is an American billionaire investment analyst, author, and the founder and chairman of Fisher Investments, a fee-only financial adviser. Fisher's ''Forbes'' "Portfolio Strategy" column ran from 1 ...
, and James O'Shaughnessy. In addition, Reese is a regular columnist for the financial websites
Forbes.com ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family (publishers), Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing ...
, Nasdaq.com, and RealMoney.com. He writes for two international publications, Israel's
Globes A globe is a spherical model of Earth, of some other celestial body, or of the celestial sphere. Globes serve purposes similar to maps, but unlike maps, they do not distort the surface that they portray except to scale it down. A model globe of ...
and Canada's
The Globe and Mail ''The Globe and Mail'' is a Canadian newspaper printed in five cities in western and central Canada. With a weekly readership of approximately 2 million in 2015, it is Canada's most widely read newspaper on weekdays and Saturdays, although it ...
.


References


External links


CNBC: "Warren Buffett's Strategy for Success"Fox Business: "Investing Like Warren Buffett"Wall Street Week: "Learning from Those Who Have Been Most Successful"Pittsburgh Post-Gazette: "Market Guru Groupie's Strategy Paying Off, So Far"
1953 births Living people MIT School of Engineering alumni Harvard Business School alumni {{Improve categories, date=November 2020