Adam Seessel graduated summa cum laude from Dartmouth
College and began his professional career as a newspaper reporter
in North Carolina. Seessel won the George Polk Award for
environmental reporting in 1990 and in 1995, Seessel took his
research skills to Wall Street. He worked for Sanford C. Bernstein,
Baron Capital, and Davis Selected Advisers before starting his own
firm, Gravity Capital Management, which manages money for high-net
worth individuals and institutions.
Since beginning a record of stock-market performance while at Davis
Funds in mid-2000, Seessel has beaten the S&P 500 index after
fees. In addition to running Gravity, Seessel is a regular
contributor for
both Barron’s and Fortune magazines. Married
and with one grown son who works as a software engineer, Seessel
and his wife, an artist, live in Manhattan.
“One of the best books I have read on investing in
years. Buying and reading this book will be one of the best
investments you will ever make.” —Bill Ackman, founder and
CEO, Pershing Square Capital Management
“Seessel makes Graham and Dodd proud. He acknowledges value
investing’s evolution to a purer form: focusing on mispriced
businesses with high-quality, growing cash flows.” —Lisa
Shalett, Chief Investment Officer, Morgan Stanley Wealth
Management
“Seessel puts his finger on a central tension in today’s economy
and stock market: the rapid rise of software-driven businesses and
the challenge/opportunity they present to many established
industries. Just as importantly, he points the way toward how
investors can prosper from the transition.” —Tim Stone, former
chief financial officer of Amazon Web Services and Ford Motor
Company
“Where the Money Is should be required reading for anyone investing
in the stock market, or wanting to. It honors and updates the
intellectual and practical legacy of Ben Graham and Warren Buffett
to account for the dramatic economic changes that continue to
unfold in the 21st century.” —Joel Greenblatt, founder and
managing principal of Gotham Asset Management and author of You Can
Be a Stock Market Genius and The Little Book That Beats the
Market
“A helpful take on playing the stock market . . . Would-be
investors struggling to understand a financial landscape in which
FAANG has left GE in the dust will want to check this
out.” —Publishers Weekly
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