Our President
Wallace F. Forbes, CFA
Wallace (Wally) Forbes is President of the Forbes Investors Advisory Institute (FIAI), the division of Forbes Media that publishes the Forbes Special Situation Survey, Forbes Growth Investor and the Forbes Stock Market Course. He also organizes and moderates Forbes Financial Round Table discussions. Transcripts of these discussions among leading investment managers and strategists are then shared with FIAI newsletter subscribers.
Mr. Forbes, the youngest son of B. C. Forbes, founder of Forbes Magazine, served as Vice President and Director of Forbes, and President of Forbes Investors Advisory Institute, from 1964 to 1969. After leaving the company, he served as president and CEO of Standard Research Consultants, formerly a subsidiary of Standard and Poor’s Corporation. He subsequently was a founder and partner-in-charge of Benchmark Valuation Consultants, which merged with KPMG Peat Marwick in 1987. Both firms specialized in the business valuation field. He has also served as a director of both public and private companies.
Mr. Forbes retired as a principal of KPMG Peat Marwick in 1989 and subsequently returned to Forbes in 1996, once again as President of FIAI.
He has authored or co-authored articles on the valuation of business enterprises and related subjects that have appeared in various business and professional publications, including Harvard Business Review, Business Horizons, Monthly Digest of Tax Articles, Management World, Family Advocate, YPO Enterprise, Chief Executive, and The Business Valuation Handbook.
After graduating in from Princeton University with a degree in civil engineering he served for five years in the U.S. Navy as an officer in the Civil Engineer Corps assigned to the Seabees (the Navy’s construction battalions). He currently serves as a trustee of the CEC/Seabee Historical Foundation. When he left the Navy, Mr. Forbes attended the Harvard Business School, and, upon graduation, he was appointed a research associate in investment management and a member of the faculty.
Mr. Forbes is a member of the New York Society of Security Analysts and holds the Chartered Financial Analyst designation.
Our Editor
Vahan Janjigian, Ph.D., CFA
Vahan Janjigian is editor of the Forbes Growth Investor and Special Situation Survey investment newsletters, and co-author and editor of the Forbes Stock Market Course. Vahan also sits on the investment committee at Hillview Capital Advisors, LLC, an independent wealth advisory firm. According to the Hulbert Financial Digest, which has been tracking Vahan’s stock picks since January 2002, he has significantly outperformed all major benchmarks.
A frequent speaker on matters of economic and investment analysis, he has made numerous presentations to retail investors and professional money managers on various topics including capital market theory, portfolio management, fundamental analysis, and quantitative analysis. He has also rendered expert opinions and served as an expert witness on issues involving portfolio management, churning, suitability, and hedge fund manager compensation.
Vahan holds a B.S. degree in General Science from Villanova University, M.B.A. and Ph.D. degrees in Finance from Virginia Tech, and the Chartered Financial Analyst designation. He has taught courses in corporate finance, investments, accounting, and economics at the University of Delaware, Northeastern University, the American University of Armenia, and Boston College. He has published his research in numerous scholarly and professional journals.
Vahan’s writings have also appeared in Forbes magazine and Forbes.com. He is a frequent guest on numerous television and radio programs, and he is often quoted in publications such as Barron’s, The Boston Globe, Forbes, The Wall Street Journal and The Washington Post. Vahan’s book, “Even Buffett Isn’t Perfect,” will be published in May 2008.
Our Analysts
Taesik Yoon, CFA
Taesik Yoon joined the Forbes Investors Advisory Institute as an investment analyst in January 2000. He is now a Senior Analyst and the Associate Editor of the Forbes Growth Investor and Forbes Special Situation Survey investment newsletters. Both Newsletters have significantly outperformed all major benchmarks.
In addition, Taesik writes original articles for the Personal Finance section of Forbes.com, which also features a new stock recommendation specifically screened for and selected by him each month.
He graduated with a B.S. degree in Marketing and International Business from the Stern School of Business at New York University and holds the Chartered Financial Analyst designation.
Samuel Ro
Samuel Ro is an Equity Analyst for the Forbes Investors Advisory Institute. He performs equity research analysis for the Forbes Growth Investor and Special Situation Survey newsletters and also contributes material for publication on Forbes.com.
Prior to joining Forbes in 2006, Sam was a global funds analyst at Brown Brothers Harriman & Co. and a paralegal at Paul, Weiss, Rifkind, Wharton & Garrison LLP. He holds a B.A. degree in Religion from Boston University and is presently a level 3 candidate in the Chartered Financial Analyst (CFA) program. He is vice president of the Kentuckians of New York Society.