Gorden Lam's first job in the investment industry was as an analyst for my former partner Kevin Landis at Firsthand Funds. He started after I had already left so we just missed meeting each other in 2000. He must have impressed Kevin though because Kevin had the budget to hire anyone he wanted, and there were plenty to choose from.
When I was at Firsthand Funds, I tried to hire analysts the same way every other firm does. After reading hundreds of resumes and interviewing dozens of candidates, I still found it impossible to tell whether someone was a great manager.
I did not meet Gorden until 2016 when I vetted him to be a Marketocracy manager. Gorden started a portfolio at Marketocracy in 2007 so by the time we met he had an 8 year track record.
Gorden is a buy and hold investor. Stocks are rarely traded. He invests in businesses that have a competitive advantage as well as strong and innovative leadership. Many of the businesses have CEOs that are also the founders of the company. Gorden looks for CEO’s with a proven track record as well as a passion to add long-term value not just for shareholders but to consumers as well. He finds companies that have a knack for creating products that consumers don’t even realize they want until they are introduced and marketed.
As a stock picker with a background in business and organizational behavior, Gorden tends to recognize patterns and traits that result in successful companies and a growing stock price over a long period of time. He uses fundamental analysis to find companies that are attractive and technical analysis to buy and sell stocks at the right price.
As of June 17, 2019
Gorden's now 12 year track record is ahead of the S&P 500 11.92% to 8.29%. That difference may not seem big, until you realize what a difference it makes over 12 years. If you started investing $200 a month into Gorden's fund when he started it, it would be worth $58,411 now. Had you invested in the S&P 500 you would have $46,856. Gorden's investment skill added $11,555 or nearly 25% more to the account.