Contact
jfischer@magnoliapw.com
+1 215-764-5447
1845 Walnut St., Suite 1601 Philadelphia, PA 19103

John Fischer, PhD

Managing Director

John Fischer is a Managing Director and leads the firm’s research efforts. He founded Andalusian Wealth Management, an independent RIA, in 2014 after careers in Management Consulting (McKinsey & Company) and Banking (Citigroup). He earned his PhD in Mathematics from Yale University, and his BA and MA from the University of Pennsylvania. His dissertation was supported by a grant from the Alfred P. Sloane Foundation and published in its entirety in the Duke Mathematical Journal. Based in New York as a consultant, he enjoyed long assignments in Tokyo and Seoul. He has a special interest in quantitative and systematic strategies, as well as methods for optimizing investment portfolios.

Insights

Investors are likely aware of the meteoric rise in Nvidia’s stock price, reflecting the dominance of their microchips fueling the artificial intelligence boom. But we believe the most sustainable advantage (or moat) lies elsewhere in the AI value chain.

There’s no place like home. And for investors, there’s no place like their home market: throughout the world, they are over-invested in their own countries.

We note the passing of Jim Simons, arguably the greatest hedge fund manager of all time.