Eric Steiman Profile Picture

Eric Steiman

Individual Investor

I spent four years as a professional trader at Chimera Securities before bringing my risk management expertise to the Covestor platform. My goal is to buy growth companies with strong competitive advantages and hold them for several years. I may also trade each holding within price ranges in an effort to enhance returns. The strategy dictates that I short stocks when I think they are overpriced or may be near a peak or price bubble. The strategy mostly seeks to leverage my fundamental research process. I apply studies of stock and market sentiment to my decision making.

Investment process

I am a market technician who also uses fundamentals.

Investment models

  • Eric Steiman Undervalued Opportunities

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    • Allocation Strategy Long-Short
    • Approach Fundamental
    • Asset Class Equity
    • Cap Bias Multi Cap
    • Geography Global
    • Style Value
    Performance
    • 57.4%
      90 day
    • 122.9%
      365 day
    Avg. Sub.
    • 56.8%
      90 day
    Monthly vs S&P500
    eric steiman - undervalued opportunities
    115.7% 12 months
    5
    1.5% fee

Model commentary

  1. Eric Steiman: Why I'm staying short Apple

    24 April 2013

    The buyback was the only positive I could see in the report.

  2. Eric Steiman's contrarian case for Yahoo 9 April 2013
  3. My Fab Five: Facebook, Yahoo, Tesla, Sodastream and Zillow 6 April 2013
  4. Facebook generates 8% of all global page views 16 January 2013
  5. My five top stocks for 2013, headed by Facebook 11 January 2013

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Important Information

1. Performance of the model manager’s account is calculated by Covestor on a daily time-weighted basis, including cash and broker commissions. More

2. Past performance is no guarantee of future results. Periodic and since inception performance returns are calculated daily. Monthly vs. S&P 500 return and the corresponding spark chart is calculated to the most recent month end date.

3. 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.


About investing

About Covestor

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