Driehaus Capital Management is an independent boutique investment adviser managing long-only equity and multi-asset alternative strategies.
of institutional investment experience, founded in 1982 by renowned investor Richard H. Driehaus.
The semiconductor end market, which had a cyclical bottom in the first quarter of 2016, in concert with the low point of the US economy, continued to see two years of strong, unabated cyclical growth which finally succumbed to cyclical pressures in the second quarter of 2018. However, investors and analysts covering the industry have marked down growth expectations and valuations of all companies in the industry and valuations are quite attractive.
Driehaus portfolio manager Yoav Sharon chats with Oliver Renick on TD Ameritrade network on whether the stock market is accurately reflecting economic risk.