Call 1.866.825.3005 for more information
- Education University of Minnesota, University of St. Thomas
- Qualifications BSB Finance and Entrepreneurial Studies, MBA
- Job Title Vice President, First Commercial Bank and owner of real estate investment business
- Industry Financial Services
- Investment Experience 8 years
Andrew Schornack
Individual Investor
Focusing on the financial service and real estate sectors, Andy employs a bottom-up approach, conducting detailed financial statement analysis with valuation techniques. He invests in companies with stable dividends that are trading at a discount to intrinsic value.
Investment style
Andy uses a value investing strategy for his investment model. He screens for potential investments through research including preset stock screens, newspapers, investment blogs, and online forums. Once screened, he conducts in-depth analysis of the 10-K, 10-Q, letters to shareholders and conference calls to estimate a conservative intrinsic value for the business. Particular additional emphasis is placed on management philosophy.
Investment models
-
Market Maven
See full details- Approach Fundamental , Growth
- Asset class Equity
- Geography US
Performance-
9.9%30 day
- - 365 days
-
42.0%S.I.
Monthly vs S&P50026.6% S.I.
-
Financial Services
See full details- Approach Fundamental , Sector Focus , Yield Focus
- Asset class Equity
- Geography US
- Sectors Financial Services
Performance-
6.3%30 day
-
-2.5%365 days
-
48.6%S.I.
Monthly vs S&P500-5.1% 12 months
Important info
Performance of the model manager’s account is calculated by Covestor on a daily time-weighted basis, including cash and broker commissions. More
Personal Track Record returns are calculated by Covestor on a daily time-weighted basis of equity positions in the account provided by the member. More
Past performance is no guarantee of future results. Month to Date returns & Since Inception returns are revised daily. All other returns (month, 3 month, year to date, et al) are calculated as of the most recent month end date.
The subscription minimum is the minimum subscription required to follow a particular model. The minimum amount is determined by Covestor, based on the characteristics of the underlying model. It should not be considered as specific investment advice for your investment situation.
Model commentary
How private equity firms work
17 January 2012
PE firms are in the spotlight recently due to Mitt Romney's ascendance as the leader in the Republican primaries. Here's how they work.
show more