Professor Elam

The Dallas Investor Forum has Albert Meyer as its guest this past Saturday, here is his profile.

Albert’s Investing Tenets
Allocate capital for the long term by finding companies worth holding “forever”
Invest only in high-quality companies that shine after our rigorous due diligence process
Focus on management integrity, good corporate governance, earning quality, free cash flow and competitive advantages
Favor enterprises whose leaders have skin in the game, through personal ownership of substantial portions of the company, and yet modest annual compensation
Discount conventional wisdom and mainstream thinking, especially as propagated by Wall Street
Albert Meyer CA, CPA
President

Albert Meyer is founder and President of Bastiat Capital. Mr. Meyer draws on 15 years as an accounting professor and 11 years in equity research. Mr. Meyer, a Deloitte & Touche alumnus, is a Chartered Accountant and a Certified Public Accountant.

Mr. Meyer was formerly an Accounting Professor at Spring Arbor University in Michigan and Assistant Academic Dean at the University of Natal, South Africa. In 1995, Mr. Meyer was awarded the Michiganian of the Year award for exposing the New Era Philanthropy Foundation, a Ponzi scheme that defrauded non-profits of hundreds of millions of dollars. In 2005, the American Accounting Association honored Mr. Meyer with the Accounting Exemplar Award.

In 1996, he joined Martin Capital Management as a portfolio manager. During this time he questioned Coca-Cola’s accounting practices; which, subsequently, led to a number of publications including a cover story in the New York Times and Harvard Case Studies.

At the end of 1998, Behind the Numbers hired him as a research analyst. Mr. Meyer’s report on Tyco was the first published assault on the company’s accounting and governance practices.

In 2002, Mr. Meyer founded 2nd Opinion Research, an independent equity research firm.