At Eventide, we believe that value creation is an underappreciated source of alpha–and, conversely, value extraction can be an underappreciated source of risk.
A common misuse of the term “value creation” in business implies extracting value from one stakeholder in order to add value to shareholders. This practice can appear to work over the short term, but can also backfire. A more complete understanding of value creation means adding value to one stakeholder can result in additional value for others, including shareholders.
Accepted for 1 CFP® / IWI / CFA CE Credit
Speaker:
Shaun MorganDirector of EducationEventide Asset Management
Shaun Morgan serves as Director of Education for Eventide. He is responsible for developing strategy and leading educational content creation at Eventide. Shaun is the host of the Invest by Design, a podcast that leverages the expertise of an investment adviser to simplify the complex inner workings of markets, industries, businesses, and their profound impact on people.
Before joining Eventide in 2018, Mr. Morgan was a Regional Director for GuideStone. Prior to that, he was a Regional Vice President for Provasi Capital Partners.
Mr. Morgan holds a B.A. in Philosophy from Dallas Baptist University.
The Eventide Funds are managed by Eventide Asset Management, LLC (“Eventide”), a Boston-based investment adviser. Eventide’s values-based approach to investing may not produce desired results and could result in underperformance compared with other investments. The Adviser’s judgment about the quality of a particular company may prove to be incorrect. Eventide uses its trademark (“Investing that makes the world rejoice®”) in a figurative manner to help explain its focus on serving investors by helping them improve the world.
