Dave Samuel Shapiro

Provides brokerage services

Aegis Financial specializes in the management of investments involving small-cap value equities and an allocation strategy between small-cap value equities and fixed-income securities, including high yield bonds. The firm utilizes a contrarian, patient, long-term mindset and a systematic, fact-driven, bottom-up investment process that seeks to methodically and dispassionately evaluate a company’s long-term underlying fundamentals while limiting the emotional influence of transitory business challenges or daily trading fluctuations of its stock.

Functions as a College/University

Vanshap Capital seeks to achieve long-term capital appreciation for its investors by primarily investing in equity securities in the small-cap global markets. The firm constructs a concentrated portfolio of 12-15 positions, investing meaningful capital in their best ideas to maximize returns while balancing portfolio risk through reasonable diversification and maintaining low portfolio turnover. While they are definitively bottom-up investors, political and currency risk plays an important factor when allocating capital internationally. Vanshap Capital prefers investing in countries with conservative levels of public and private debt, a strong rule of law, including respect for basic property rights and individual liberties, a low-to-moderate level of overall taxation, and an independent-minded central bank with a relatively good track record maintaining currency stability.