A Cornell graduate, David Fried is one of the few money managers to have also founded a company listed in Inc. Magazine’s annual “Inc. 500” list of the 500 fastest growing private companies (1989).
Mr. Fried is the editor and publisher of The Buyback Letter, the only investment newsletter devoted to finding opportunities among companies that repurchase their own stock. His asset management firm – Fried Asset Management, Inc. – offers separate investor advisory and money management services which use the “Buyback Strategy” principles.
He has been recognized in numerous ways; from being listed as one of “50 Great Investors” in Fortune’s Investors Guide 2004: being a featured guest on Bloomberg Television, CNBC’s “Money Club,” “Squawk Box” and “Market Wrap” with Bill Bresnan in New York City. He has also been profiled in the New York Times, Los Angeles Times, USA Today, Barron’s, Bottom Line Personnel, Kiplinger’s Personal Finance, Forbes, Fortune, Business Week and numerous other publications. Mr. Fried is also an approved guest speaker for the American Association of Individual Investors. In 2008 he helped found First Commons Bank of Newton, MA.
Fried Asset Management, Inc.’s managed accounts have been helping investors navigate the markets since 1998. (An audit is available on request; past performance is no guarantee of future results.)
The Buyback Letter was ranked number two for risk-adjusted returns among stock-picking newsletters by The Hulbert Financial Digest for the 15 year period from 1/1997-06/30/2011. The Buyback Letter continues to receive consistently high grades from The Hulbert Financial Digest as it was named to the digest’s honor role in 2010, 2011 and 2012.
Mr. Fried lives in Pacific Palisades, CA with his wife and two children. Mr. Fried completed a rigorous training program led by former Vice President Al Gore and was named one of Gore’s select “Global Warming Messengers” in 2007. Through grassroots speaking engagements and local outreach to businesses, schools and individuals, he has spread the message about the threat of and solutions to global warming. He served on the Board of Directors of L.A. Family Housing from 2002-2008 and is currently a trustee (Treasurer) and member of the Executive Committee at New Roads School in Santa Monica, CA.