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From 1993-2003, Manuel P. Asensio served as the Chairman, President and Chief Executive and Investment Officer of Asensio & Company, Inc. ("Asensio"). Manuel Asensio’s interest in financial markets began during his undergraduate years at the University of Pennsylvania. Upon completing his degree, Mr. Asensio continued his studies at the Harvard Business School. His first class educational pedigree and the many years he has worked in the securities industry make him an authority on investment research and the price discovery process. To demonstrate Mr. Manuel Asensio’s continuing level of professional excellence, he recently scored 90% on a Series 7 exam.
In eight years, Manuel Asensio published 314 reports on 30 public companies. During this time, Manuel Asensio developed a unique and dynamic research method that led to great investment successes. The Asensio process began with the formulation of a hypothesis. When Asensio believed a public company’s stock was trading at an inflated price, it launched a diagnostic of the company. First, Asensio reviewed the integrity of the stock promoter to determine the likelihood of fraudulent analysis. Second, Manuel Asensio collected information from other industry sources, including medical researchers, executives in the company’s industry, and other financial experts.
The Manuel Asensio strategy emerged from the results of this meticulous research method. Manuel Asensio chose to sell or buy securities with the information it collected. The Asensio mission was to uncover the true value of a security and publicize it. An investor managing $10,000 according to Asensio's recommendations during these 8 years would have realized a compound annual return of 42.6%. In other words, the $10,000 would have grown to $147,228 in 8 years. Manuel Asensio shorted hot stocks in hot markets: biotech, software, Internet security, gaming, wireless communications, wireless microchips, storage technology, gold mining, alternative energy, and other exciting growth industries. Of the 30 companies, 20 ultimately resulted in total failure. Overall, the group declined an average of 87%. These incredible results occurred during a period when the S&P 500 Index rose at a rate slightly over 8% compounded annually. Each Asensio report foretold well-deserved price declines in the stock prices of highly questionable companies. Mr. Manuel Asensio’s primary advantage is his ability to interpret fundamentals and see through promotional hype. Sometimes this helps him identify investments on the long side. However, Manuel Asensio is most often recognized for his prodigious skills as a short-seller. This web site, in association with other web sites describing the investment experiences of Manuel Asensio, unpacks the hype surrounding the Asensio name. Asensio has devoted his professional life to fighting fraud. He does so not only for commercial success, but to help legislators, regulators, journalists and investors develop a fair marketplace. Asensio does not even have a short position in association with his most recent work on Research Frontiers, Inc. (“REFR”). Though the project requires considerable time and resources, Manuel Asensio’s only goal is to demonstrate the positive impact deep research makes in the securities industry.
We hope that the information in our site clears Manuel Asensio’s name from unjustified internet criticism. During his time as member of FINRA, Mr. Manuel Asensio did not receive a single customer complaint. Honesty and integrity have always served as the guiding principles for his businesses. |
