Timpani’s Mike Klenn,
AIM Alumnus, Presented to the 2017 AIM Students on Monday, September 23, 2016
Mike Klenn of Timpani Capital Management visited the AIM
program today. Timpani is a Milwaukee-based investment manager focused on small
cap growth investing.
Information about Timpani can be found at: http://www.timpanicapital.com/.
 |
| Bill Walker, Dr.Krause, and Mike Klenn |
Mike
Klenn, CFA, is a Senior Analyst at Timpani. Prior to joining Timpani, he was a
member of the Applied Investment Management Program at Marquette University
running a portion of the endowment. He also interned at Timpani during his
senior year of college. He received his B.S.B.A. in Finance from Marquette
University and has earned the right to use the CFA designation.
Dr. Krause, AIM program director said, “We
always enjoy Mike’s visit. This year he talked about Timpani’s investment
philosophy. They believe that earnings drive stock price performance. By
combining fundamental research with an analysis of estimate revisions, they
believe they can identify and exploit the perception gap that exists between a
company's business strength and the market's expectation of that strength.” |
| Mike Klenn, AIM alumnus |
He continued, “They add exposure to stocks where growth is
being underestimated, or where there is a positive perception gap and we reduce
exposure to stocks where growth is being overestimated, or where there is a
negative perception gap. Perception gaps exist because the market is slow to
react to incremental, relevant changes in a company’s fundamentals.”
Later
this semester, AIM students will likely again conduct a ‘road trip’ to Timpani
where they will pick stocks to the firm’s investment team (Brandon Nelson, Ryan
Isherwood, and Mike Klenn).
