Lemelson Capital Management is a United States-based global investment management company founded in by Emmanuel Lemelson who is also a Greek Mony priest. The company has focused on deep value and special situation shal. Since its inception, Lemelson Capital has been managed by its chief investment officer Father Emmanuel Lemelson, who is also a Greek Orthodox priest. Since the firm has publicized its performance under the provisions of the JOBS Act[3] one of a handful of hedge fund managers to do so. From Wikipedia, the free encyclopedia. Lemelson Capital Management Type.
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Between and , he ran the internet company Amvona. After closing the business in , he reformed the company website into a social commentary page. Following the change, his commentary in regard to the securitization of mortgage-backed securities was widely cited. In , Lemelson was ordained a Greek Orthodox priest. He is in favor of reconciliation between the Greek Orthodox and Catholic churches. Lemelson has advocated a philosophy of investment based on Christian ethics , and in , he founded Lemelson Capital Management , which runs The Amvona Fund, a hedge fund. While a year old undergraduate at Seattle University, Lemelson met Robert Spitzer , a Jesuit priest and philosopher. In interviews, Lemelson has indicated that the encounter was a significant event in his religious life. Lemelson has written about his early business experiences, saying that his earliest recollection was selling candy on the bus ride home from school in the sixth grade. In , based in part on proprietary software the company developed, the site began a transition to a hybrid platform of social networking and ecommerce content. Between and , Amvona sold more than a million photo accessories to , customers, and was one of the top ten most visited online photo retail websites. The company also registered several patents, including proprietary software to connect its customers through user profiles, product reviews, exif data and online tracking software.
From Wikipedia, the free encyclopedia
Similar technology was later used by other websites to track user activities. There was no official explanation, however journalist Filipe R. Costa speculated it was due to increased competition from Chinese companies offering cheap photography equipment online, and Lemelson’s business philosophy of not taking on massive debt for the possibility of future growth. Lemelson later added a news and securities analysis content outlet for the site focused on issues of faith, technology, economics and investing. Lemelson was ordained as a Greek Orthodox Deacon on July 23, and, the following day, as a priest by Metropolitan Elpidophoros of Bursa.
Greek Orthodox priest boasts of ability to ‘crash’ stocks
Emmanuel Lemelson pictured in a news article. Inspired by a college professor who was a priest, he attended seminary at the Holy Cross Greek Orthodox School of Theology to become a priest. Please continue your vigilance and inform us of any new developments in this interesting situation. Having a jew father is certainly not a plus but at least his apparently Greek Orthodox mother perhaps raised him the right way. His middle name of Manoli Emmanuel although a Greek name still comes from the jews. Nevertheless, we should keep an eye on him, problem is the Greek Orthodox Church at least in the USA has so many problems, do not get me started. Good thing is our laity is strong and vigilant. For further reading:. The Hedge Fund Billionaires. The Big Short: Film and Book. All Wars Are Bankers’ Wars!
Reverend Emmanuel Lemelson says his life changed forever when he discovered the good book: ‘The Intelligent Investor’ by Benjamin Graham
Poor on WSJ for giving him the time of day. That is a lot of money for someone with little experience to manage. In the end it’s all about selling your service and this guy knows how to do it. His middle name of Manoli Emmanuel although a Greek name still comes from the jews. I’m religious as well. He does and the thing I will give the man is he is at least able to raise money, but most of his money comes from his congregation though which can end bad when the market drops and his leveraged fund doesn’t have anyway to hedge his loses and he feels the wrath of the market gods. That has been a winning strategy for a few years running as small-capitalization stocks saw steady gains. Join Us Already a member? He’s killing it now from his POV but what is he going to do when the gravy train is over? The only reason this man even made it is not necessarily due to a bullish market but maybe because of the stuff he got out of the book as well as his lack of knowledge What I don’t know can’t hurt me.
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Nov 5, — pm. Lemelson usually wagers on relatively unknown individual stocks rising, like seismic-equipment-technology maker Geospace Technologies Corp. So how do you guys think this is going to end? Rank: Senior Orangutan This guys is a fucking crackpot. Log in or register mone post comments. David Macko. See you on the other side! Nevertheless, we should keep an eye on him, problem is the Greek Orthodox Church at least in the Pridst has so many problems, do not get me started.
Emmanuel Lemelson pictured in a news article. Inspired by a college professor who was a priest, he attended seminary at the Holy Cross Greek Orthodox School of Theology to become a priest. Hedge fund priest thou shalt make money continue your vigilance and inform us of any new developments in this interesting situation.
Having a jew father is certainly not a plus but at least his apparently Greek Orthodox mother perhaps raised him the right way. His middle name of Manoli Emmanuel although a Greek name still comes from the jews. Nevertheless, we should keep an eye on him, problem is the Greek Orthodox Church at least in the USA has so many problems, do not get me started. Good thing is our laity is hrdge and vigilant. For further reading:.
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Hedge Fund Manager Engineering His Own Obsolescence
The letter, sent to Wall Street Journal editor Daniel Fitzpatrick who oversaw the reporting of reporter Rob Copelandthe article’s author, appears below:. C1, Oct. Among them are these fourteen significant errors in order of appearance within the article :.
Reverend Emmanuel Lemelson says his life changed forever when he discovered the good book: ‘The Intelligent Investor’ by Benjamin Graham
I have never boasted of «crashing stocks» in between sacraments, as he reports, and in fact would never allow my service to the church and the faithful to be interrupted by my lay vocation. He describes me as a «traveling priest,» but that too is wrong. I have been assigned for the past six months to a parish in Keene, New Hampshirewhere I have served continuously. I also have served the Greek Orthodox Metropolis of Boston without interruption for the last 18 months. He maligns my lay vocation as a hedge fund manager with an allegation that the hedge fund industry «operates with almost no official scrutiny. The Amvona Fund, LP, like all funds in the industry, is regulated by the Securities and Exchange Commission SEC and we adhere rigorously to its extensive reporting, accountability and transparency standards. We also are governed by numerous state regulations where we have investors. Copeland oddly and inaccurately charges that I «live a distinct double life. My investors and hedge fund colleagues are fully aware of and have been supportive of my role in the Greek Orthodox Church, while my work as a hedge fund manager and as founder and president of The Lantern Foundation has been encouraged by the church. In fact, I even stated in my taped interview with The Wall Street Journalin response to a question, that I am not living a double life and that every aspect hedge fund priest thou shalt make money my life has been completely open to all. No aspect of my life is secret, illegal or immoral, or otherwise representative of anything warranting the disparaging label of someone «living a double life,» as Mr. Copeland wrongly reports. He writes inaccurately that I am a disciple of Warren Buffettwho he heretically labels a «near deity.
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