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Louis Navellier

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Louis G. Navellier
Born1957
NationalityAmerican
Known forChairman and Founder of Navellier & Associates

Louis G. Navellier is Chairman and Founder of Navellier & Associates in Reno, Nevada, which manages approximately $1.0 billion in assets.[1] Navellier also writes five investment newsletters focused on growth investing: Growth Investor, Breakthrough Stocks, Accelerated Profits, Power Options and Platinum Growth Club, and can frequently be seen giving his market outlook and analysis on Bloomberg, Fox News, and CNBC.

Early life and education

Navellier was born in 1957, in Berkeley, California. He was one of the eight in his family to attend college, going to the School of Business & Economics at Cal State Hayward, now Cal State East Bay. He graduated in 1978 at the age of 20 with a B.S. in Finance, and then got his MBA in 1979.

Career

While at Cal State, Navellier took part in a research project in which the goal was to mimic the S&P 500’s performance. During this project Navellier discovered some methods beating the market using quantitative and fundamental analysis.[2]

Navellier employs a three-step, highly disciplined, bottom-up stock selection process, focusing on quantitative analysis, fundamental analysis, and optimization of the securities selected for the portfolio. In 1980, Mr. Navellier began publishing his research in his stock advisory newsletter, the MPT Review. Since 1987, he has been active in the management of individual portfolios, mutual funds, and institutional portfolios.

In 1980, Navellier began publishing MPT Review, a monthly newsletter for individual investors. In 1997 he partnered with publisher InvestorPlace Media, LLC (formerly Phillips Investment Resources, LLC) to launch The Blue Chip Growth Letter, which applied the investment strategy used in MPT Review to strictly blue chip stocks. In January 2005 Navellier and InvestorPlace Media re-launched MPT Review, renaming it Emerging Growth. The Hulbert Financial Digest rated the Emerging Growth newsletter as the number one performer in the 20-year category from 1985–2005, among 32 surviving newsletters. Hulbert estimated that from 1985 through 2008, following the advice of that newsletter would have resulted in a gain of about 2,156% according to The Hulbert Financial Digest.[3] During the same time period the S&P 500 index had an increase of about 869%. He and InvestorPlace Media also publish the Quantum Growth and Global Growth newsletters.

On Jan. 23, 2009, Louis Navellier launched an exchange-traded fund, the RevenueShares Navellier Overall A-100 Fund (ticker symbol RWV).[4] This ETF searched a database of nearly 5,000 stocks for the best companies according to Navellier's top fundamental factors such as sales growth, earnings growth and cash flow. The ETF holdings were rebalanced quarterly. In honor of the new fund, Louis Navellier rang the opening bell on Wall Street for New York Stock Exchange on Friday, February 13, 2009.[5]

In 2017, the SEC charged Navellier for fraud for falsifying the firm’s track record in marketing materials. He denies the charges.[6]

In 2020, the U.S. Securities and Exchange Commission (SEC) announced final judgment on its fraud charges against investment adviser Navellier & Associates, Inc. and its founder and chief investment officer, Louis Navellier. Following the ruling of a federal district court in Massachusetts that found the plaintiffs guilty of "breach[ing] their fiduciary duties and defraud[ing] their advisory clients and prospective clients." [7]

Navellier is the founder, and currently the chairman, of Navellier & Associates, in Reno, Nevada. Navellier and his team of about 11 professional analysts and staff manage over $2.5 billion in private accounts and no-load mutual funds for individual investors and institutions. Navellier manages thousands of personal portfolios, as well as the Navellier no-load mutual funds. TheStockAdvisors.com, an independent investment website, calls Navellier "the one advisor whose track record sits at the very top of the long-term performance ratings."[8]

Authorship

Navellier has been covered by a wide range of international media. In addition to appearing on CNBC, Bloomberg, The Nightly Business Report, and Wall Street Week, he has been featured in Barron's, Forbes, Fortune, Investor's Business Daily, Money, Smart Money, and The Wall Street Journal. Most recently he was profiled in Kenneth A. Stern's book Secrets of the Investment All-Stars in the interview "Louis Navellier, A Man Who Has Beat Them All." He is also featured in Alan R. Ackerman's Investing Under Fire: Winner Strategies from the Masters for Bulls, Bears, and the Bewildered.

In October 2007, Navellier's book, The Little Book That Makes You Rich, was released. It is part of the John Wiley & Sons “Little Book, Big Profits” series.

References

  1. ^ "IAPD - Investment Adviser Public Disclosure - Homepage". adviserinfo.sec.gov. Retrieved 2022-07-18.
  2. ^ Kenneth Sterns, "Louis Navellier, A Man Who Has Beat Them All, interview in Secrets of the Investment All-Stars, New York, NY: American Management Association, 1999
  3. ^ "Hulbert Financial Digest Newsletters - Investment Newsletter Profiles".
  4. ^ "Country Splash".
  5. ^ "Events". Archived from the original on 2016-08-18. Retrieved 2017-09-04.
  6. ^ "SEC charges $1bn shop with fraud over funds false track records".
  7. ^ "Navellier & Associates, Inc., and Louis Navellier (Release No. LR-24826; Jun. 4, 2020)".
  8. ^ "TheStockAdvisors.com - Louis Navellier - Blue Chip, Emerging, Quantum & Global Growth". Archived from the original on 2008-03-30. Retrieved 2008-07-02.
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