The Investment Scientist

About Michael and His Firm

Michael Zhuang is founder and principal of MZ Capital, a fee-only registered investment advisor firm located in the Greater Washington D.C. metropolitan area.

Education

Michael earned dual Master Degrees in Mathematics and Quantitative Finance from Carnegie Mellon University. He was also a PhD candidate for Financial Economics. After completing all training and exams, he decided his true calling is not in academia. The PhD training taught him how to think rigorously and research thoroughly.

Work experience

From 1999 to 2000, Michael worked as a financial engineer for Societe Generale, the biggest French banking group.

From 2000 to 2003, Michael was hired by PG&E National Energy Group to launch their weather derivatives trading business. Within 2 years, he became among the top 3 traders in the field. Nevertheless, he saw first hand the crooked ways of the financial industry where everything goes to make a buck. That experience motivated him to launch MZ Capital.

Civic involvements

Michael is active in the community. He twice sponsored Melodic Impact, a musical fundraiser for kids with cancer. He is an active member of the Bethesda Chevy Chase Rotary Club. He volunteers as an instructor for Toastmasters International’s Youth Leadership Program. He also sits on the board of Special Love, Inc., a non-profit devoted to kids suffering from cancer.

Investment philosophy

Michael’s investment philosophy is deeply influenced by three people: Warren Buffet on value-orientation and patience, David Swensen on multi-asset-class investing and decision framework, and John Bogle on minimization of costs for clients and stewardship of clients’ money.

Writings

Michael is a regular contributor to Morningstar and Physicians Practice. He also blogs at The Investment Fiduciary and KevinMD.

Personal life

Michael is married with two children. His favorite past time is comedy.

To find out more about Michael and his services, schedule a discovery meeting (or phone call) with him.

3 Responses to "About Michael and His Firm"

Dear Mr Zhuang,

I came across plenty of your articles on the investmentscientist.com and especially articles regarding small cap stocks vs. large cap stocks are of great interest to me. The topic I’m the most interested in is whether investments in small cap value stocks would have been more profitable during a long period of time (especially during the current recession) than investments in large cap value stocks. I’m currently doing my Masters of Science in Corporate Finance and Investment in London and my dissertation is dealing with a very similar topic. My question is whether you could advise me concerning other articles of yours or books, journals etc. which deal with this topic and could be of great value to me.
Thank you in advance for your response and I’m looking forward hearing from you
Best Regards

Aron Balog

Aron,

The most important research is Fama and French’s 92 paper “The Cross-Section of Expected Stock Returns”. Also study Fama and French’s three-factor model, which is intimately related to the subject of your interest.

Prof. Ken French also maintains a data library you can use for your research.

http://mba.tuck.dartmouth.edu/pages/faculty/ken.french/data_library.html

Dear Michael,

I am impressed with your work over here. I am currently building (not complete yet) a website regarding investment management mainly influence by Warren Buffett as well. I hope you can have a look at investment management and link to me?
Give me some opinion and advice?
Thanks Michael

Cheers,
Joe Kok

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Author

Michael Zhuang is principal of MZ Capital, a fee-only independent advisory firm based in Washington, DC. He is also a regular contributor to Morningstar Advisor and Physicians Practice. To explore a long-term wealth advisory relationship, schedule a discovery meeting (phone call) with him.



You may also get his monthly newsletter, or join his Facebook page for regular wealth management insights. Michael's email is info[at]mzcap.com.

Twitter: @mzhuang

Error: Please make sure the Twitter account is public.

Archives

%d bloggers like this: