Ryan C. Fuhrmann, CFA, began his investment career at Northern Trust Corporation in Chicago. He is actively involved with the CFA Institute, an association of investment professionals, and has even co-authored a portion of their curriculum.   In addition to his CFA certification, he holds a degree in business from the University of Wisconsin and a MBA from the University of Texas at Austin. Ryan adheres to a value-based investing viewpoint that successful companies generate sustainable cash flow for their owners and earn returns on invested capital far in excess of those costs of capital. In his spare time, Ryan enjoys reading, traveling and catching as many live music shows and movies as possible.  

Analyst Articles

With the maturity of the automotive industry in developed markets, the real growth potential lies primarily in emerging markets. Emerging markets account for close to 40% of the global market and were recently estimated to have produced 30 million vehicles. By most measures, China… Read More

Airlines are one of those industries that just don’t get any respect from investors. These long-suffering companies have a history of losses and usually carry a lot of debt. Billionaire investor Warren Buffett took notice of these qualities and summed it all up when he wrote, “The worst sort of… Read More

#-ad_banner-#A dozen years ago, Silicon Valley was responsible for one of the most prolific initial public offering (IPO) markets ever seen. Many fortunes were made, as a record 486 companies went public in 1999. The next year was the second-best ever, with 406 additional… Read More

Here’s something many investors probably don’t know about major drug makers like Pfizer (NYSE: PFE), Bristol-Meyers Squibb (NYSE: BMY), Eli Lilly (NYSE: LLY) and others (collectively known as Big Pharma): They’re a lot like the major car companies. To save money back in the 1970s, the auto… Read More