Andy Djordjalian

Andy is a private investor living in Buenos Aires, Argentina. He believes that the markets are generally efficient, but that occasional inefficiencies can be identified with significant research and market knowledge. He has developed knowledge about the companies and countries that only a local could gain, with an understanding of which companies are “investor friendly” and which have been problematic. 

Investment style

Andy's strategy is to reduce risk by diversifying carefully, to keep costs low and to aim at exploiting market inefficiencies that depend, for example, on currency movements and on the hypothetical mispricing of securities that do not trade in massive volume.

He decides on the amounts to allocate to each asset group based on macro factors and historical correlations, and cover each of those segments with companies that he picks on the basis of their fundamentals and what he senses to be the stock's "story" in its investors’ mind.

Andy values discipline and patience, and think that, in economics and finance, the mathematical scrutiny of hard data is just as necessary as a more intuitive analysis.

How I got started

Since an early age Andy has been very interested in economics and investments, and loves to read about the subject. He purchased his first stock as a teenager. For several years Andy has been managing the portfolios of members of his family, and since 2007 has run a website on the topic and edited some of the investing sections of an important Web directory.

Personal Interests

Andy's main line of work is related to electronics. He owns a design company, teaches at the University of Buenos Aires, and has published research articles and delivered presentations at conferences. In my spare time, Andy enjoys reading, playing soccer, cooking for friends and spending time with my loved ones.